Russian attacks increase Ukraine's need for foreign aid, Bloomberg report finds

A Bloomberg report highlights that Ukraine's economy is projected to contract in 2026 due to intensified Russian attacks, increasing the need for foreign aid. The report indicates that Russian forces have expanded their strikes to include business infrastructure and civilian transport, disrupting economic activities. Analysts emphasize that sustaining Ukraine's defense through 2027 will rely heavily on timely Western financing. President Zelensky has stated that Ukraine will require 70 billion euros for defense in 2027. The EU has proposed a significant support loan, but upcoming elections in member states may jeopardize continued assistance. The National Bank of Ukraine has downgraded its economic outlook, predicting a contraction for the first time since 2022, largely due to intensified attacks.