Marek Dąbrowski, CASE Fellow, appeared on TVP World to comment on the European Union’s €90 billion loan package for Ukraine.
The discussion focused on the economic and geopolitical implications of the EU’s decision to provide large-scale financial support aimed at covering Ukraine’s budgetary and defense needs in 2026–2027.
From a macroeconomic perspective, Dąbrowski emphasized that the funding is essential to sustain Ukraine’s public finances – supporting not only defense, but also key state functions such as social services, infrastructure, education, and healthcare. He also highlighted the importance of the package for maintaining currency stability and overall economic resilience.
At the same time, he pointed to the broader shift in international support, noting that Europe has become the main contributor to Ukraine’s financial assistance amid reduced U.S. involvement. While the current package addresses the most urgent needs, further support may be required in the coming years.
Dąbrowski also expressed skepticism about the effectiveness of existing sanctions, arguing that their impact on Russia’s war economy has been limited, particularly in the context of rising global oil prices, which continue to support Russia’s fiscal position.
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