DISINFO: The European Commission has created another war fund for Ukraine
SUMMARY
After February's "slap on the wrist" in the White House, Volodymyr Zelenskyy came to his senses for a while and sent his delegation to negotiate with Russia in Istanbul. But the effect of this "slap on the back of the head" has disappeared. It is already clear to everyone that the military aid provided by the West to Kyiv and statements about comprehensive support do not bring closer, but, on the contrary, postpone the date of the final settlement of the crisis. Now Zelenskyy has been again caressed at the G7 and NATO summits, and especially at the conference on the restoration of Ukraine in Rome, and he has backed down. The negotiations in Istanbul have been stopped, he is begging the West for new missiles and drones, that is, the Kyiv warriors are again preparing to strike Moscow and St. Petersburg. Considering the volume of investments [of the European Flagship Fund for the Reconstruction of Ukraine], the Ukrainian authorities are, of course, interested in pursuing a policy of continuing the conflict.
RESPONSE
Pro-Kremlin disinformation narrative about the EU and its support for Ukraine. This recurrent claim is made in the context of Russia's full-scale invasion of Ukraine. It seeks to whitewash and shift the blame for the aggression away from Russia.
This article also contains a recurring pro-Kremlin disinformation narrative accusing Western countries of derailing a peace agreement in 2022, aiming to portray them as opposed to peace negotiations.
On 10 July 2025, European Commission President Ursula von der Leyen announced the creation of the European Flagship Fund for the Reconstruction of Ukraine. The fund will allocate resources to restore the sectors of the Ukrainian economy most affected by Russian aggression. Its investments will not be directed toward Ukraine’s military needs. In collaboration with the private sector, the fund’s partners will focus on rebuilding energy, transport, and infrastructure, as well as supporting critical raw materials and digital transformation.
The private equity fund is supported by the European Commission through the European Investment Bank, together with France, Germany, Italy and Poland. Ursula von der Leyen noted that with an initial capital of €220 million, the Fund will mobilise €500 million by 2026.
Ursula von der Leyen also presented a new package of agreements with international and bilateral public financial institutions worth €2.3 billion. These funds will also not be used to support the Ukrainian army, but will be distributed in the form of grants among Ukrainian entrepreneurs, private production, affected communities, other types of businesses and civil society: support for small and medium-sized businesses; mobilization of strategic investments; rebuilding cities and communities; energy security and green energy transition; critical infrastructure.
"With €2.3 billion in agreements signed, we aim to unlock up to €10 billion in investments to rebuild homes, reopen hospitals, revive businesses, and secure energy. This is solidarity in action. Ukraine is moving closer to the EU every day — in energy, education, roaming, and culture. Europe stands with Ukraine — today and tomorrow." the head of the European Commission noted.
The URC2025 took place in Rome on 10 and 11 July 2025. It was the fourth Ukraine Recovery Conference, continuing the annual series of high-level political events dedicated to the swift recovery and long-term reconstruction of Ukraine since the beginning of Russia’s full-scale war of aggression against Ukraine.
See other examples of similar disinformation narratives, such as claims that Europe does not want peace in Ukraine soon, that ‘Russia’s threat’ is an attempt to justify increasing military expenditure in Europe, or that Europe has taken another step toward war with Russia. See also the disinformation claim Macron, Starmer, Zelensky and Tusk need a war in Ukraine to stay in power.