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Lithuanian Army soldiers take part in a Lithuanian-Polish Brave Griffin 24/II military exercise near the Suwalki Gap near the Polish border at the Dirmiskes village.

EU News

Video. Brussels hopes its defence loans may help plug Ukraine’s budget hole

Updated: 29 October 2026 - 18:10 GMT+1

The European Commission has reopened €21.3bn in unspent SAFE defence loans, urging EU governments to use them for joint projects with Ukraine, which faces a €70bn budget gap. Brussels cannot force them, but hopes the joint procurement rules will steer some of the money to Kyiv.

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