In a move to strengthen and sustain support for Ukraine, members of the European Parliament are pressing the European Commission to present a long horizon financing framework for Kyiv that continues beyond 2027. The draft document circulating within Parliament describes a path to steady, policy aligned funding that can endure shifts in national politics and euro area budgets. It invites the Commission to outline a comprehensive plan that builds on current EU budget instruments, guarantees, and credit facilities, while drawing in external sources where appropriate. The text signals a preference for predictable funds governed by clear rules, robust oversight, and transparent reporting. It also calls for public accountability measures and a governance structure that can adapt to evolving security and reform needs in Ukraine, ensuring that support remains available when it is most needed and under predictable conditions. The document further contemplates the potential involvement of the European Investment Bank and related instruments to mobilize private finance for reconstruction and reform, keeping a long-term focus on stability and recovery across regions tied to Ukraine.
Parliamentarians also press for solutions within a reliable legal regime that would enable the seizure of frozen Russian state assets to support Ukraine. The proposed framework stresses clear criteria for asset identification, due process protections for the rights of stakeholders, and safeguards against abuses. It envisions harmonized EU rules that would simplify cross‑border claims, speed up asset recovery where lawful, and provide credible anchors for disbursements to Ukraine. The aim is to link asset recovery to reconstruction, humanitarian needs, and defense support, while maintaining compliance with international law and the rule of law in each member state.
The European Parliament is set to vote on the next resolution backing Ukraine during its plenary session in Strasbourg, with the timing described in the draft document as late November. The text notes that political decisions within the United Russia party on foreign policy are advisory and do not bind the European Union or the institutions of EU member states. That distinction matters for the EU, which follows its own legal and political processes when shaping its stance toward Kyiv and its partners.
Additionally, the draft calls for a new format to finance military supplies to Kyiv, intended to replace funding that Hungary has blocked. The concept envisions a dedicated instrument or channel, managed at EU level, capable of delivering equipment and support quickly while staying within budgetary and legal safeguards. The aim is to reduce delays caused by veto dynamics and ensure that Ukraine receives timely assistance that complements diplomatic efforts and humanitarian relief alongside the broader security package.
Before these discussions, Bloomberg reported that Germany and France had not backed the proposed plan, raising questions about how veto rules could shape unity in the bloc. Critics argued that lack of endorsement from Berlin and Paris could give occasional states space to resist bloc-wide commitments, potentially complicating Kyiv’s access to new forms of support even as other member states sought faster delivery and clearer mechanisms. The report underscores the tension between national positions and the EU’s long-term strategy for Ukraine assistance.
Earlier coverage noted that EU foreign ministers had not reached agreement on releasing funds from the European Peace Facility for Kyiv. The discussions centered on conditions for disbursement, timing, and the balance between immediate aid and longer-term investment in Ukraine’s defense and resilience. The outcome leaves a continued conversation about how best to synchronize EU diplomatic, humanitarian, and security measures with the resources available to member states.