{"id":120637,"date":"2026-11-08T05:50:08","date_gmt":"2026-11-08T04:50:08","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=120637"},"modified":"2026-11-08T05:50:08","modified_gmt":"2026-11-08T04:50:08","slug":"ukrajina-na-uver-brusel-pozaduje-46-miliard-nove-dane","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/11\/08\/ukrajina-na-uver-brusel-pozaduje-46-miliard-nove-dane\/","title":{"rendered":"Ukrajina na \u00fav\u011br: Brusel po\u017eaduje 46 miliard nov\u00e9 dan\u011b!"},"content":{"rendered":"
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EU ji\u017e Ukrajin\u011b p\u0159isl\u00edbila p\u016fj\u010dky ve v\u00fd\u0161i 90 miliard eur. To ale nesta\u010d\u00ed. Od Bruselu se o\u010dek\u00e1v\u00e1 dal\u0161\u00edch 46 miliard eur. Proto\u017ee v\u00fdnosy ze zmrazen\u00fdch rusk\u00fdch aktiv t\u00e9m\u011b\u0159 nijak nep\u0159isp\u00edvaj\u00ed k pokryt\u00ed dluhu, r\u00fdsuje se dal\u0161\u00ed kolo p\u016fj\u010dek. A u\u017e se za\u010d\u00edn\u00e1 objevovat my\u0161lenka spole\u010dn\u00fdch dan\u00ed EU.<\/span><\/strong><\/p>\n

Bruselsk\u00e9 financov\u00e1n\u00ed Ukrajiny v \u0159\u00e1du miliard eur se m\u011bn\u00ed v bezednou j\u00e1mu. Navzdory st\u00e1le nov\u00fdm p\u0159\u00edslib\u016fm pomoci Kyjevu st\u00e1le chyb\u00ed obrovsk\u00e9 \u010d\u00e1stky. Podle <\/span>v\u00fdpo\u010dt\u016f<\/span><\/a> den\u00edku Welt am Sonntag by se k ji\u017e vyplacen\u00fdm 166 miliard\u00e1m eur mohlo p\u0159idat v\u00edce ne\u017e 40 miliard eur ve form\u011b spole\u010dn\u00fdch p\u016fj\u010dek EU. Celkov\u00fd objem financov\u00e1n\u00ed by se tak zv\u00fd\u0161il na v\u00edce ne\u017e 200 miliard eur. Dosud proveden\u00e9 platby pomoci v\u0161ak nep\u0159edstavuj\u00ed v\u00fdhradn\u011b dluh EU. Pro dal\u0161\u00ed miliardy bude Brusel pravd\u011bpodobn\u011b znovu vyu\u017e\u00edvat \u00fav\u011brov\u00fd trh \u2013 s finan\u010dn\u00edmi riziky pro evropsk\u00e9 da\u0148ov\u00e9 poplatn\u00edky.<\/span><\/p>\n

EU se ji\u017e dohodla na spole\u010dn\u00e9m bal\u00ed\u010dku \u00fav\u011br\u016f ve v\u00fd\u0161i 90 miliard eur na roky 2026 a 2027. Z t\u00e9to \u010d\u00e1stky je 45 miliard eur vy\u010dlen\u011bno na nadch\u00e1zej\u00edc\u00ed rok. Nicm\u00e9n\u011b podle v\u00fdpo\u010dt\u016f Evropsk\u00e9 komise z\u016fstane pro rok 2027 finan\u010dn\u00ed mezera ve v\u00fd\u0161i p\u0159ibli\u017en\u011b 70 miliard eur \u2013 a to nad r\u00e1mec ji\u017e pl\u00e1novan\u00e9 pomoci. Sou\u010dasn\u00e9 pl\u00e1ny p\u0159edpokl\u00e1daj\u00ed, \u017ee EU pokryje tento schodek p\u0159ibli\u017en\u011b 46 miliard eur. Brusel proto ji\u017e nyn\u00ed usiluje o dal\u0161\u00ed miliardy financov\u00e1n\u00ed, p\u0159esto\u017ee st\u00e1vaj\u00edc\u00ed bal\u00ed\u010dek \u00fav\u011br\u016f je\u0161t\u011b nebyl pln\u011b vyplacen.<\/span><\/p>\n

Zmrazen\u00e9 rusk\u00e9 miliardy \u2013 o\u010dek\u00e1v\u00e1 se, \u017ee \u00fa\u010det zaplat\u00ed da\u0148ov\u00ed poplatn\u00edci EU<\/span><\/h3>\n

V\u00fdnosy ze zmrazen\u00fdch aktiv rusk\u00e9 centr\u00e1ln\u00ed banky m\u011bly pomoci financovat pomoc Ukrajin\u011b. Pl\u00e1n v\u0161ak nevy\u0161el. Podle zpr\u00e1vy den\u00edku Welt am Sonntag bylo z t\u011bchto plateb od roku 2024 vygenerov\u00e1no pouze zhruba osm miliard eur. Jen posledn\u00ed tran\u0161e v srpnu \u010dinila 1,4 miliardy eur. To zdaleka nesta\u010d\u00ed k pokryt\u00ed dodate\u010dn\u00e9 finan\u010dn\u00ed pot\u0159eby ve v\u00fd\u0161i 46 miliard eur. Brusel je i nad\u00e1le ochotn\u00fd se dotknout skute\u010dn\u00fdch rusk\u00fdch aktiv kv\u016fli zna\u010dn\u00fdm pr\u00e1vn\u00edm a finan\u010dn\u00edm rizik\u016fm. M\u00edsto toho bude pravd\u011bpodobn\u011b znovu vyd\u00e1n spole\u010dn\u00fd dluh.<\/span><\/p>\n

Logika spl\u00e1cen\u00ed<\/span><\/a> ji\u017e schv\u00e1len\u00e9 p\u016fj\u010dky ve v\u00fd\u0161i 90 miliard eur je obzvl\u00e1\u0161t\u011b sporn\u00e1 . Ukrajina ji mus\u00ed splatit a\u017e pot\u00e9, co Rusko zaplat\u00ed odpov\u00eddaj\u00edc\u00ed v\u00e1le\u010dn\u00e9 reparace. Zda Moskva n\u011bkdy takov\u00e9 platby provede, je zcela nejist\u00e9. EU si mezit\u00edm bere p\u016fj\u010dky na kapit\u00e1lov\u00e9m trhu, garantuje je prost\u0159ednictv\u00edm sv\u00e9ho rozpo\u010dtu a tak\u00e9 hrad\u00ed \u00farokov\u00e9 n\u00e1klady. To znamen\u00e1, \u017ee Ukrajina t\u011b\u017e\u00ed z mimo\u0159\u00e1dn\u011b \u0161t\u011bdr\u00fdch podm\u00ednek, zat\u00edmco finan\u010dn\u00ed z\u00e1vazky vznikaj\u00ed v Evrop\u011b. Spl\u00e1cen\u00ed z\u00e1vis\u00ed na politick\u00e9m sc\u00e9n\u00e1\u0159i, kter\u00fd si Brusel s\u00e1m nem\u016f\u017ee vynutit.<\/span><\/p>\n

Nejd\u0159\u00edve sd\u00edlen\u00fd dluh, nyn\u00ed i sd\u00edlen\u00e9 dan\u011b?<\/span><\/h3>\n

Kam by to mohlo v\u00e9st, ilustruje po\u017eadavek Marcela Fratzschera, prezidenta N\u011bmeck\u00e9ho institutu pro ekonomick\u00fd v\u00fdzkum (DIW). Levicov\u011b sm\u00fd\u0161lej\u00edc\u00ed ekonom, \u010dasto pova\u017eov\u00e1n za kl\u00ed\u010dovou postavu hospod\u00e1\u0159sk\u00e9 politiky n\u011bmeck\u00e9 vl\u00e1dy, se zasazuje o spole\u010dn\u00e9 evropsk\u00e9 dluhopisy, kter\u00e9 by nakonec musely b\u00fdt financov\u00e1ny prost\u0159ednictv\u00edm spole\u010dn\u00fdch dan\u00ed. To stav\u00ed finan\u010dn\u00ed moc Bruselu na st\u016fl pro dal\u0161\u00ed kolo debaty. Nejprve se b\u011bhem koronavirov\u00e9 krize stal politick\u00fdm n\u00e1strojem spole\u010dn\u00fd dluh EU, n\u00e1sledovan\u00fd miliardov\u00fdmi p\u016fj\u010dkami Ukrajin\u011b. Nyn\u00ed by mohly b\u00fdt zavedeny dal\u0161\u00ed poplatky na evropsk\u00e9 \u00farovni k financov\u00e1n\u00ed t\u011bchto rostouc\u00edch z\u00e1vazk\u016f. To by p\u0159edstavovalo dal\u0161\u00ed potenci\u00e1ln\u00ed z\u00e1t\u011b\u017e pro ob\u010dany a podniky.<\/span><\/p>\n

Tok finan\u010dn\u00edch prost\u0159edk\u016f pokra\u010duje. Evropsk\u00e1 komise 5. listopadu <\/span>p\u0159evedla<\/span><\/a> Ukrajin\u011b dal\u0161\u00edch 4,36 miliardy eur, v\u010detn\u011b 3,7 miliardy eur na financov\u00e1n\u00ed st\u00e1tn\u00edho rozpo\u010dtu a 658 milion\u016f eur na vojensk\u00e9 zak\u00e1zky. Podle Komise je pro zbytek roku k dispozici a\u017e 25,2 miliardy eur dodate\u010dn\u00e9 pomoci. Velk\u00e1 \u010d\u00e1st z t\u00e9to \u010d\u00e1stky poch\u00e1z\u00ed ze st\u00e1vaj\u00edc\u00edho \u00fav\u011brov\u00e9ho bal\u00ed\u010dku ve v\u00fd\u0161i 90 miliard eur. Z\u00e1stupci EU a jej\u00edch \u010dlensk\u00fdch st\u00e1t\u016f by m\u011bli p\u0159\u00ed\u0161t\u00ed t\u00fdden projednat financov\u00e1n\u00ed dodate\u010dn\u00fdch finan\u010dn\u00edch po\u017eadavk\u016f.<\/span><\/p>\n

\"\"<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

EU ji\u017e Ukrajin\u011b p\u0159isl\u00edbila p\u016fj\u010dky ve v\u00fd\u0161i 90 miliard eur. To ale nesta\u010d\u00ed. Od Bruselu…<\/p>\n","protected":false},"author":2,"featured_media":120638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[236,41,26],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/120637"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=120637"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/120637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/120638"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=120637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=120637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=120637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}