Europe’s foxhole moment

Brussels is urging non-EU partners to plug a €30 billion funding gap for Ukraine, according to a preparatory document for a leaders’ summit on 19-20 March, seen by Nicoletta and Thomas Møller-Nielsen.

Even if Hungary removes its blockade from a €90 billion EU loan to Kyiv, the country will still face a significant financing shortfall in 2026 and 2027. Read the full story here.

You’re reading Rapporteur on Thursday 5 March. This is Eddy Wax, joined by Nicoletta Ionta in Brussels.

Need-to-knows: