Ukraine funding secured: €90 billion for the next two years

Source: European Commission (video statements)

"We all share one clear goal. A just and lasting peace for Ukraine." – President von der Leyen

On 19 December 2025, European Commission President Ursula von der Leyen took part in the European Council press conference with Council President António Costa, and Prime Minister of Denmark, Mette Frederiksen, to address securing funding for Ukraine.

It was announced that the EU has secured an agreement to finance Ukraine’s needs for the next two years, committing EUR 90 billion through EU borrowing on the capital markets.

Additionally, it was announced that progress has been made on the Mercosur agreement, enhancing trade opportunities amid rising tariffs. Praising the Danish Presidency’s leadership, Commission President von der Leyen reaffirmed the EU’s commitment to Ukraine, energy independence, and defence initiatives.

For the full transcript of the speech, see here: https://ec.europa.eu/commission/presscorner/detail/en/statement_25_3134

Watch on the Audiovisual Portal of the European Commission:
https://audiovisual.ec.europa.eu/en/media/video/I-282866

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https://www.youtube.com/watch?v=6L8p6ansc4Y