A diplomatic source in the EU told Izvestia. Discussions on Ukraine's financing are scheduled for November 12–13 during an informal European Union summit.
Approval Conditions and Disagreements within the EU
Unanimous consent from all 27 member states is not required for the loan to be approved. As Pekka Tauri, chair of the European Parliament's Ukraine-EU parliamentary cooperation committee, explained, the key condition is the absence of a decision block.
Earlier, in late 2025, EU countries had already agreed on a loan for Kyiv for 2026–2027. However, disagreements arose among union members during the process.
Under previous agreements, Hungary, the Czech Republic, and Slovakia declined to participate in providing funds. Meanwhile, media reports have emerged regarding a possible conflict over budgets for future periods.
The Financial Times, citing a letter from German Federal Chancellor Friedrich Merz to European Council President António Costa, reported that the German politician could block the EU budget for 2028–2034. This could happen if all states do not commit to financial support for Ukraine.
Context
This concerns the European Union's joint borrowing mechanism to provide financial assistance to Ukraine. Discussions on financing terms for next year will take place in the coming days at the summit of European leaders.
