Thursday, 17 September 2026
Rīga TV

World and Latvian news in one place

UkrainePublished: 17 September 2026 at 12:43

EU Weighs Using Unspent Defense Billions for Joint Projects With Ukraine

The European Union has several billion euros in unused defense funds that it is considering directing toward joint projects with Ukraine. The initiative could draw more Ukrainian defense companies into Europe's defense industry.

Foto: Euromaidan Press

The European Union is sitting on several billion euros in defense funding that has gone unspent. According to the latest information, the EU is considering channeling these funds into joint projects with Ukraine.

Bringing in Ukrainian producers

At the heart of the plan is the aim of more closely integrating Ukrainian defense companies into Europe's defense industry, which has expanded significantly in recent years. If carried out, the initiative could broaden cooperation between European and Ukrainian defense manufacturers.

Such a step would reflect the EU's ongoing efforts to strengthen ties with Ukraine's defense sector as the country continues to build up its wartime military industry. Redirecting unused funds toward shared projects could become one of the tools for deepening EU-Ukraine cooperation in defense.

No detailed information has yet been made public regarding specific projects, amounts, or timelines. Still, the existence of the plan suggests the EU continues to look for ways to make better use of its available defense resources while also supporting Ukraine's defense industry.

Comments

0/1500

Comments are automatically moderated. No hate, threats, personal data or spam.

Loading comments…

More in this category