Babiš says Czechia will not guarantee Ukraine financing

Designated prime minister and ANO party leader Andrej Babiš said the European Commission must find other ways to finance Ukraine, stressing that Czechia will not guarantee loans or provide money itself. Speaking in a video posted on X, Babiš said he agreed with Belgian Prime Minister Bart De Wever that the issue should be resolved at EU level. The EU summit next Thursday will discuss Ukraine’s financial needs for 2026 and 2027, with the Commission proposing either an EU loan or a loan backed by frozen Russian assets. Outgoing Prime Minister Petr Fiala criticised Babiš’s stance as irresponsible, while Foreign Minister Jan Lipavský said using proceeds from frozen Russian assets was the only realistic option.