Merz threatens to block seven-year EU budget without guarantees from all countries to finance Ukraine – FT

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09.11.2026

German politician Friedrich Merz speaking at a podium in front of European Union and German flags
Friedrich Merz is trying to “knock out” guarantees from European allies regarding financing for Ukraine. Photo is illustrative.
Source: Federal Government

Germany may block the European Union budget for 2028–2034 if all EU countries do not agree to provide financial assistance to Ukraine, Federal Chancellor Friedrich Merz has warned.

In a letter to European Council President Antonio Costa, he stated that the economic commitments would cover 2027 and beyond. The Financial Times has seen the text written by the German government.

The letter was sent on the eve of an informal meeting of EU leaders in Dublin, Ireland, scheduled for November 12 and 13.

The politician emphasized that bilateral assistance to Ukraine “is distributed unevenly and is provided mainly by only a few EU members.”

“A collective commitment by all of us, without exception, to fairly contribute to covering Ukraine’s financing gap is a necessary prerequisite for resolving this issue and discussing any other issues, especially those with financial implications,” Merz noted.

Recall that four European states opposed financial contributions to Kyiv: Hungary, Slovakia, Bulgaria, and the Czech Republic. They are net recipients of the EU budget, while Germany is the largest net donor. The situation is complicated by upcoming elections in several countries of the bloc (in particular, Italy and Poland), after which the path to consensus may become even more difficult.

Merz stressed that Europeans “must find a solution that will be supported by all member states and that will provide Ukraine with a reliable multi-year financing perspective from 2028,” including for paying interest on outstanding debt.

As OBOZ.UA wrote:

– At the end of October, the United Kingdom promised Kyiv additional financial support of 10 billion pounds sterling. Of this amount, 7 billion is provided for economic support over the next three years, and another 3 billion for export support, mainly for the supply of necessary weapons.

– Already in 2027, Ukraine risks facing a critical reduction in funding from international partners outside the European Union. According to the European Commission’s forecasts, the amount of this support could fall almost fivefold (from 19 billion euros in 2026 to only 4 billion in 2027).

https://www.obozrevatel.com/ukr/section-politics-news/news-merts-pryhrozyv-zablokuvaty-semyrichnyy-byudzhet-yes-bez-harantiy-usikh-krayin-finansuvaty-ukrayinu-ft-09-11-2026.html

One comment

  1. Finally, Merz is doing something that resembles leadership!

    Unfortunately, the EU has certain members who are pure parasites and must be strong-armed to do the right thing.

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