NATO is reassessing the scale of its planned military funding for Ukraine, with new financial commitments expected to be significantly lower than previously proposed due to the United States' reduced support for Kyiv, Italian newspaper Corriere della Sera reports.
The newspaper, citing sources in Brussels, where NATO is headquartered, reported that new funding commitments to be discussed at the alliance's summit in Ankara on July 7-8 could total no more than $10-12 billion, down from the previously proposed $40 billion.
According to the sources, the revision reflects a sharp decline in US military assistance to Ukraine and Washington's reduced willingness to provide further support.
"Since US assistance to Ukraine has been significantly reduced, as has Washington's willingness to support Kyiv, the new funds should not exceed $10-12 billion," the sources said.
The report also noted that while Hungarian Prime Minister Viktor Orbán remained in office, Budapest blocked the European Union's €90 billion aid package, much of which is intended to finance Ukraine's military needs. With the package now reportedly unblocked, the financial burden is expected to shift to countries that are also members of NATO.
As a result, the total volume of assistance to Ukraine is expected to remain at around $70 billion. However, only about $10 billion would represent new funding commitments, compared with the $40 billion initially envisioned.
Previous media reports indicated that additional military funding for Ukraine could be included in the final declaration of the NATO summit in Ankara. According to those reports, the initiative was put forward by Germany, while US participation remained uncertain.
The report added that €30 billion would form part of the European Union's broader €90 billion assistance package, although the size of new NATO commitments is now being recalculated.
By Vafa Guliyeva
