Hungarian Conservative and POLITICO have obtained an 18-page document shared with the attendees of the EU Summit, ahead of their meeting this week, on 21–23 January, in Brussels, Belgium.
According to POLITICO’s reporting, the document in question details a ten-year plan, but its implementation depends on a peace deal between Russia and Ukraine, and the withdrawal of the invading Russian forces from the country. The ‘prosperity plan’, which the news site claims is approved by US and EU leaders alike, would seek to raise $800 billion to give to the embattled Ukraine in funding to rebuild; and is part of the US-proposed 20-point peace plan.
Furthermore, the proposal also calls for the fast-tracked accession of Ukraine into the European Union.
POLITICOEurope on X (formerly Twitter): “The US and EU are hoping to attract $800 billion of public and private funds to help rebuild Ukraine once Russia ends its full-scale invasion, according to a document obtained by POLITICO.https://t.co/CrcZyD4n7t / X”
The US and EU are hoping to attract $800 billion of public and private funds to help rebuild Ukraine once Russia ends its full-scale invasion, according to a document obtained by POLITICO.https://t.co/CrcZyD4n7t
Hungarian Conservative has also obtained a copy of the document.
It underlines that it is crucial to reinstate Ukraine’s access to sovereign debt, which does suggest that some of the $800 billion funding would be provided to them as repayable debt with interest. However, it does not specify exactly how much of the funding would come in that form.
‘Hungarian Conservative has also obtained a copy of the document’
What it does specify is that the Ukrainian government’s deficit is estimated to be $317 billion for the next ten years. A large portion of the government spending is expected to be used for rebuilding the public infrastructure and reimbursing citizens for their damaged housing during the war.
The document also makes it clear that some of the funding for the plan—which they have labelled ‘the Prosperity Framework’—would come in the form of private investment, with the expectation of yielding a return. That is in line with US President Donald Trump’s idea for the recovery of Ukraine. However, again, the document does not specify how much of the funding it expects to come from private investment versus non-recoverable grants.
It also states that up to €100 billion of the 2028–2034 EU budget is committed to aid to Ukraine, only €50 billion of which is conditional, based on proposed reforms within the Ukrainian government.
PM Orbán Reacts to $800 Billion Ukraine Funding Demand
Prime Minister Viktor Orbán of Hungary has already criticized the plan in public, while talking to reporters after an EU Summit meeting in Brussels.
‘We have received a paper, a document if you will, which I don’t think I am entitled to make public…It is about Ukraine’s $800 billion request being accepted. So, there is a demand by Ukraine for $800 billion in funding from the European Union in the next ten years. This is a document that says: “Okay, let it be so”, and presents plans on how to facilitate the funding of that sum. This, in essence, means a massive debt…It [the document] also talks about that, on top of the $800 billion, another $700 billion in military funding is also needed [for Ukraine] in the next ten years,’ the Prime Minister has said.
‘It was a kick to the chest with the force of an atomic bomb,’ he continued. ‘Until this point, we thought the Ukrainians had this demand for funding, and the Union would try to back out of it, or negotiate for less, but no. As it came from Ukraine, it was accepted as it was.’
The information obtained and published by POLITICO does not specify when the process of the fast-tracked accession of Ukraine into the EU is proposed to conclude. However, at the same press gaggle, PM Orbán claims that the document stipulates that it should take place as soon as 2027.
For the record, Hungarian Conservative did not find any part in the 18-page document that specifically calls for Ukraine to become a Member State of the European Union by 2027. The version accessed by us states that the EU expects to see the reform agenda required for Ukraine’s accession be implemented in the country by the end of 2027.
PM Orbán and his cabinet have previously also cautioned against providing additional funds to Ukraine due to the major corruption scandal that was uncovered inside the Zelenskyy administration in November 2025.
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