Ukraine Seeks €70 Billion in Additional EU Defense Aid for 2027

President Volodymyr Zelenskyy says Ukraine's war effort could cost €155 billion next year and calls for additional European funding to expand drone production, strengthen air defense and sustain military operations.

Zelenskyy meets von der Leyen and Costa at the October 2026 European Council summit in Brussels.
Ukrainian President Volodymyr Zelenskyy meets European Commission President Ursula von der Leyen and European Council President António Costa in Brussels on October 16, 2026, as EU leaders discuss additional financial and military assistance for Ukraine. Credit: European Union.

Ukraine has requested at least €70 billion in additional European financial support for 2027, warning that the cost of defending the country against Russia could reach €155 billion next year. President Volodymyr Zelenskyy presented the figures to European Union leaders during the European Council meeting in Brussels on October 16, 2026.

The request covers defense spending, weapons procurement and national resilience, with a particular emphasis on expanding domestic weapons production. European leaders acknowledged Ukraine's growing financing requirements but have not approved the additional €70 billion package.

Ukraine Says Drone Production Could Double or Triple

Zelenskyy identified insufficient financing as a major constraint on Ukraine's defense-industrial capacity, particularly its ability to manufacture unmanned systems.

According to the Ukrainian president, the country's defense industry could increase drone production by two to three times, depending on the type of system, if sufficient funding were available. He emphasized the operational role of drones in disrupting Russian supply routes, countering ground assaults and conducting strikes against military and economic targets.

The additional financing request includes investment in Ukrainian manufacturing facilities and joint weapons production with European partners. Such arrangements could expand production capacity while allowing European defense companies to participate in manufacturing programs based on Ukraine's battlefield requirements.

Zelenskyy also called for additional ballistic missile interceptors as Russia continues strikes against Ukrainian energy infrastructure ahead of winter. The request places air and missile defense alongside unmanned systems among Kyiv's immediate procurement priorities.

Existing €90 Billion EU Loan Does Not Cover 2027 Requirements

The new request comes despite an existing €90 billion European Union support loan covering 2026 and 2027.

The loan, agreed in December 2025 and finalized in April 2026, was structured to provide approximately €60 billion in military assistance and €30 billion in general budgetary support over the two-year period.

Under the financing arrangements approved in April, €45 billion was made available for 2026, including €28.3 billion allocated to strengthening Ukraine's defense-industrial capacity.

However, the European Commission has acknowledged that the existing financial framework will not be sufficient to cover Ukraine's projected requirements in 2027.

Following the October 16 summit, European Commission President Ursula von der Leyen confirmed that Ukraine faces an estimated €70 billion financing shortfall next year. She indicated that international partners would need to contribute to closing the gap rather than relying exclusively on additional EU financing.

European Council President António Costa said EU leaders had agreed on the need to address Ukraine's additional financial requirements and tasked the European Commission with developing further proposals.

European Council Backs Further Military Support

The European Council's October 16 conclusions reaffirmed the EU's commitment to Ukraine's financial and military requirements, while calling for additional contributions from international partners.

EU leaders also welcomed an agreement to release €6.6 billion under the European Peace Facility and progress in defense-industrial cooperation between the EU and Ukraine.

The summit conclusions placed particular emphasis on strengthening Ukrainian air and missile defense capabilities, protecting critical infrastructure and supporting the country's energy security.

The European Council also acknowledged the establishment of the Integrated Anti-Ballistic Missile Coalition, reflecting continued efforts to address Ukraine's requirements for protection against Russian missile attacks.

For European defense manufacturers, future funding decisions will determine how much additional financing becomes available for Ukrainian weapons procurement, joint production programs and manufacturing investments.

The EU has not yet announced how the proposed additional financing would be structured, which countries would contribute or when further funding could become available.

Ukraine's 2027 Defense Financing: Key Questions

How much additional funding has Ukraine requested for 2027?

President Zelenskyy requested at least €70 billion in additional European support, citing an estimated total war cost of €155 billion for 2027.

Has the European Union approved the additional €70 billion?

No. European leaders acknowledged the financing gap on October 16, but no new €70 billion funding package was approved.

Does Ukraine already have EU financing for 2027?

Yes. The existing €90 billion Ukraine Support Loan covers 2026 and 2027, but the European Commission says additional financing will be required.

Which defense capabilities are Ukraine's priorities?

Kyiv has emphasized expanded drone manufacturing, air and missile defense, weapons procurement and joint defense-industrial production with European partners.