The EU could allocate 100 billion euros to Ukraine.

According to TASS on July 9, Bloomberg reported that the European Commission (EC) has included a separate provision worth 100 billion euros in the draft EU budget plan for the next seven years (2028-2034) to support Ukraine in its conflict with Russia. The EC stated that the establishment of such a fund is necessary to "provide stable financial support to Ukraine."

Since the start of the conflict in Ukraine, the total amount of financial, economic, and military support to Kyiv from the European Union and its member states has reached 160 billion euros, but all of this money has not been allocated systematically, but rather in the form of numerous separate programs, credit lines, national and European loans.

Now the European Commission is proposing to make support for Ukraine a structural item of the Community budget, meaning a mandatory part of European Union spending for the next budget cycle. Budgeting in the EU is done over a period of 7 years. The Community countries unanimously approve the so-called potential 7-year EU budget, within the framework of the Community's annual budget, which is then approved.

The EC plans to present its draft budget for 2028-2034 next week. Negotiations on this plan between the EC and EU countries could continue until the end of 2027 and will conclude with a compromise.

Additionally, the Telegraph reported that Britain and the European Union abandoned plans to send troops to Ukraine to maintain security after a ceasefire was reached.

“Britain and Europe have abandoned plans to deploy thousands of troops in Ukraine, as the US President’s efforts in negotiations have failed. The ‘voluntary coalition’ will focus on future discussions about supporting Kyiv in the war of attrition… that’s a clarification of the plans,” the Telegraph reported.