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Europe should consider all option to plug Ukraine budget shortfall , Taoiseach says – The Irish Times

Irish Taoiseach Micheál Martin says EU governments must quickly decide how to cover Ukraine's budget shortfall through 2028, likely via a pan-European financial injection, and he is open to all funding options. Kyiv's gap next year could reach €70 billion, as Trump has turned against Zelenskiy over Ukrainian strikes on Russian refineries. Martin defended Ireland's contributions and noted that Kyiv is burning through the €90 billion EU loan, backed by €200 billion in frozen Russian central bank assets, faster than anticipated. After an earlier plan to use those assets stalled over Belgian legal concerns, he favours quick, efficient action. Zelenskiy, at the EU summit, called plugging the 2027 gap a key question.

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