Sweden Urges More EU Support as Ukraine Faces 70 Billion Euro Funding Gap

Sweden's caretaker government wants the European Union to prepare more financial support for Ukraine, citing an estimated 70 billion euro funding gap for 2027.

In material prepared for the EU finance ministers' meeting on 9 November, the Finance Ministry calls for stronger, predictable and long-term assistance. It describes support for Ukraine as an investment in both European and Swedish security, Samnytt reports.

The government also continues to argue for using Russian assets frozen in the EU to help Ukraine. Belgium remains opposed to using the assets, according to Politico's reporting cited by Samnytt.

The EU has already agreed a 90 billion euro support loan for 2026 and 2027. Samnytt reports that around 24.2 billion euros had been disbursed after a further Commission payment announced on 5 November.

The Commission borrows the money on financial markets, with the loan backed by the EU budget. Sweden contributes to that budget, but its share of EU contributions should not be confused with a separately agreed Swedish share of each individual loan.

Politico reports discussions of a further loan of around 45 billion euros for 2027. That remains a reported proposal, not an adopted commitment. Reported objections from several member states are also attributed to diplomatic sources rather than confirmed decisions.

No decision on the support is scheduled for the finance ministers' meeting. Its design is expected to return to EU leaders later in November.

This report is an English adaptation of Samnytt's Swedish reporting published on 5 November 2026.