Geostrategic Europe

The European Commission disbursed €1.24 billion to Ukraine on Wednesday (October 7) under the defence component of the €90 billion Ukraine Support Loan, earmarked for drones, drone interceptors, ammunition, and missiles produced by Ukrainian entities. European Commission President Ursula von der Leyen said the payment would strengthen Ukraine’s defence industry and its ability to protect people and infrastructure. She described Russia’s ongoing attacks as a deliberate strategy intended to make daily life increasingly difficult for Ukrainians. The Ukraine Support Loan provides an indicative €60 billion for defence and €30 billion for budgetary assistance during 2026–2027. The European Commission plans to disburse €28.3 billion for Ukraine’s defence industrial capacity in 2026, with further payments under the defence component expected in the coming weeks. Funding decisions are based on Ukraine’s evolving requirements and remain subject to agreed conditions and monitoring. According to Ukrainian Prime Minister Serhiy Koretskyi, the latest payment brings Ukraine’s defence financing received through the programme to nearly €13 billion. He said the government would continue working with European partners to ensure the remaining planned funding is delivered on schedule and in full For the remainder of 2026, €32.5 billion in EU financial support remains available to Ukraine. This includes €28.1 billion under the Ukraine Support Loan – €15.4 billion for defence industrial capacity and €12.7 billion in budget support. A further €4.4 billion remains available through the Ukraine Facility, bringing the total budget support available for 2026 to more than €17 billion, subject to Ukraine meeting the relevant conditions. Since 2022, the EU and its member states have provided €228.7 billion in overall support to Ukraine, including €3.8 billion generated from immobilised Russian assets.

European Commission president Ursula von der Leyen gave her annual "State of the Union" speech to the European Parliament on Thursday (17 September). The speech was visionary in its scope and ambitious in what it seeks to achieve. But many who are familiar with the Brussels bureaucracy do not think that the system that von der Leyen heads, has the stamina, flexibility or even the will to deliver. Von der Leyen did not mince her words. Her opening statement laid out the vision and the ambition "It was the best of times, it was the worst of times.' This is how Charles Dickens describes Europe in the days of the French Revolution. And it is also a fair description of the world we live in. The speed of change is incredible. The challenges exceptional. So if I look at Europe today, my take is this: the state of our Union is the strongest it has ever been. The state of our Union can also feel as precarious as it has ever been." Von der Leyen said she would propose a new security forum, A European Security Council, for EU and like-minded leaders in response to escalating Russian hybrid attacks and fraying transatlantic relations, with Canada, Ukraine, Norway, and the U.K. also be invited to join. Putting her point of view to the European Parliament, and being honest about the challenges ahead, was an important challenge. More difficult is the challenge that von der Leyen has, to convince the bureaucracy in the EU instituions in Brussels of the challenges ahead, and of the need to change and adapt to the new realities. This bureaucracy has often failed to deliver. Its too caught in its own labyrinth and comfort zone; has a problem with engaging with both EU citizens and the wider world; lacks the readiness to learn from its own mistakes, partly because of a flawed institutional memory, and is too slow to adjust. Von der Leyen has tried to fix some of these probelms, but with limited success. She needs to try harder! (click image to read the editorial comment in full)