The European Union is considering the establishment of a dedicated €100 billion ($117 billion) fund to support Ukraine as part of its next seven-year budget, covering the period from 2028 to 2034. This proposal, which remains under discussion, aims to provide long-term financial assistance amid the ongoing war between Ukraine and Russia following Moscow's full-scale invasion. The fund is expected to be included in the EU's Multiannual Financial Framework and would ensure steady support for Ukraine over the coming years. European Commission President Ursula von der Leyen has announced the plan and called for investor support for Ukraine's reconstruction. While the EU budget cannot directly finance arms purchases from the United States due to restrictions, a separate lending fund with €150 billion is available for such purposes. Additionally, the EU has recently launched a €10 billion investment fund to aid Ukraine's reconstruction efforts. Luxembourg has also increased its contribution to the Ukraine Energy Support Fund to $13 million. Overall, the EU's financial commitment reflects its ongoing support for Ukraine amid continued conflict with Russia.