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Ukraine Faces โฌ100 Billion Defenseโฃ Funding โขGap โคin 2026
Kyiv estimates it will need more than 100 billionโ euros to finance its defense capabilities in 2026, as โขtheโข conflict with Russia continues. Ukrainian Defense Minister Denys Shmyhal โขstated that if fighting persists, the country โคwill require at least $120 billion next year. This figure, announced during the yalta European Strategyโ conference in Kyiv โon September 14, 2025, underscores the immense financial burden the war is placing on Ukraine.
Even if a โฃceasefire is achieved, Shmyhal indicated that a significant sum would still be necessary โto maintain aโค robust military and deter