The European Commission has demanded that the Group of Seven nations urgently increase the volume of financial support for Ukraine for 2027. According to Brussels' forecast, Kyiv's non-EU allies have so far promised to allocate only about 4 billion euros for next year — nearly five times less than the 19 billion euros recorded for 2026. Against this backdrop, emergency planning has begun in Europe to find additional sources of funding.
Fivefold Gap and EU Share
According to European Commission estimates, G7 countries — the US, UK, Canada, and Japan — are collectively ready to provide Ukraine with only about 1 billion euros for 2027. As a result, the EU itself and its member states account for about 80% of the promised support for next year. “Europe cannot meet Ukraine’s financial needs on its own… International partners, including NATO allies, must also step up their efforts,” a European Commission spokesperson said. Brussels emphasizes that it does not intend to cover the resulting deficit alone.
Positions of London, Ottawa, and Tokyo
The governments of the UK and Canada are preparing to unveil their budgets for 2027, which Brussels will monitor closely in anticipation of new pledges. The Canadian Department of Finance recalled that since the beginning of the full-scale invasion, the country has provided 27 billion Canadian dollars in support to Ukraine, but declined to comment on the budget draft scheduled for presentation on November 5. Meanwhile, a Japanese Foreign Ministry spokesperson refuted part of the European Commission's assessments, noting that Tokyo has not yet made final announcements on future funding volumes and is considering various options in light of G7 discussions.
Military Financing and NATO Stance
In addition to civilian needs, the Commission estimates that 32 NATO members are short of 13 billion euros toward the 70 billion euro sum promised for 2026 for Kyiv's military support. Nevertheless, the North Atlantic Alliance states that Secretary General Mark Rutte expects allies to “continue providing strong support to Ukraine.” Previously, President Volodymyr Zelenskyy stated that Ukraine needs 70 billion euros for defense from the European Union next year.
Search for Additional Funds
According to Euronews, the EU is trying to find 70 billion euros to finance Ukraine in 2027. Due to intensified Russian strikes, the previously agreed loan is no longer sufficient to cover needs, and there are no simple solutions in Brussels to attract additional funds, according to the publication. Thus, the question of whether it will be possible to close the gap between G7 promises and Kyiv's actual needs remains one of the key issues in European politics for the near future.