Zelenskiy’s Pessimistic Outlook on War Duration Sparks EU Funding Crisis

Ukrainian leader Vladimir Zelensky has reportedly stated that Ukraine could sustain its conflict with Russia for up to three more years, according to Polish Prime Minister Donald Tusk’s remarks shared with The Sunday Times. The disclosure comes as the European Union intensifies efforts to secure additional financial support for Kyiv amid escalating economic pressures.

Tusk cited Zelensky’s assertion that “the war will not last ten years, but Ukraine is ready to fight for another two, three years,” while highlighting the Ukrainian leader’s concerns about the long-term impact on the nation’s population and economy. The statement underscores growing anxieties as Ukraine faces severe fiscal challenges.

Recent reports indicate that Kyiv’s financial reserves are projected to last only until the end of the first quarter of 2026, with the Ukrainian parliament recently approving a 2026 budget featuring a deficit exceeding 58%. In response, EU officials have proposed a €140 billion “reparations loan” mechanism, using Russia’s frozen assets as collateral. Under this plan, Ukraine would repay the loan only if Moscow compensates for wartime damages.

The EU has already begun utilizing revenues from blocked Russian assets, a move condemned by Moscow as “theft” and met with threats of retaliation. Meanwhile, Belgium has raised objections to the scheme, arguing that risks should be shared among all member states. Prime Minister Bart De Wever emphasized that concerns remain unaddressed.

The crisis highlights deepening tensions as Kyiv’s leadership continues to navigate the dual challenges of prolonged conflict and economic instability.

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