{"id":364744,"date":"2025-08-22T13:34:10","date_gmt":"2025-08-22T13:34:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/364744\/"},"modified":"2025-08-22T13:34:10","modified_gmt":"2025-08-22T13:34:10","slug":"eu-delivers-over-e4-billion-to-ukraine-ahead-of-its-independence-day","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/364744\/","title":{"rendered":"EU delivers over \u20ac4 billion to Ukraine ahead of its Independence Day"},"content":{"rendered":"<p>Ahead of Ukraine&#8217;s 34th anniversary of independence on 24 August, the EU delivers another strong signal of unwavering support by disbursing \u20ac4.05 billion to the country. This includes \u20ac3.05 billion via the Ukraine Facility and \u20ac1 billion through the European Commission&#8217;s exceptional Macro-Financial Assistance (MFA).\u00a0\u00a0<\/p>\n<p>Ursula <strong>von der Leyen<\/strong>, President of the European Commission said: \u201cAs Ukraine celebrates its 34th Independence Day, the EU sends a clear message: our solidarity with Ukraine is unwavering. Today&#8217;s disbursement of over \u20ac4 billion demonstrates our staunch commitment. This new funding underlines our commitment not only to Ukraine&#8217;s recovery, but to its future as a sovereign and democratic country. Because when Ukraine is strong, Europe is stronger too.\u201d\u00a0<\/p>\n<p>Since Russia&#8217;s full-scale invasion began in February 2022, the EU and its Member States have mobilised \u20ac168.9 billion in humanitarian, financial, and military assistance to Ukraine and its people.\u00a0<\/p>\n<p><strong>The Commission disburses over \u20ac3 billion under the Ukraine Facility \u00a0<\/strong><\/p>\n<p>Today, the Commission has disbursed a fourth regular payment of over \u20ac3.05 billion under the Ukraine Facility. This funding will enhance Ukraine&#8217;s macro-financial stability, strengthen its public administration, and drive critical long-term reforms.\u00a0<\/p>\n<p>With this latest disbursement, the total EU support to Ukraine under the Facility has reached \u20ac22.7 billion since its start on March 1, 2024. This represents nearly 60% of the funds available under the Ukraine Plan.\u00a0<\/p>\n<p>Following the payment request submitted by Ukraine, on 8 August the Council endorsed the Commission&#8217;s assessment that Ukraine has satisfactorily fulfilled 13 reform indicators tied to this fourth regular quarterly payment. Key reforms accomplished for this payment concern public administration, management of public assets, human capital, green transition, regulation of the digital and agri-food sectors, and management of critical raw materials.\u00a0\u00a0<\/p>\n<p>This fourth regular payment under the Facility demonstrates Ukraine&#8217;s commitment to implementing the ambitious reforms agreed in the Ukraine Plan. Ukraine is set to receive up to \u20ac50 billion in grants and loans for the period 2024-2027 under the Ukraine Facility.\u00a0<\/p>\n<p>The disbursement comes in the context of Ukraine&#8217;s continued progress on EU accession reforms, including the restoration of the independence of the National Anti-Corruption Bureau and the Specialized Anti-Corruption Prosecutor&#8217;s Office by the Verkhovna Rada on 31 July. Safeguarding the autonomy of these two institutions is a cornerstone of Ukraine&#8217;s anti-corruption architecture and of its European path.\u00a0\u00a0<\/p>\n<p><strong>Ukraine receives a further \u20ac1 billion from EU&#8217;s contribution to G7 loan\u00a0<\/strong><\/p>\n<p>In addition, the European Commission has also disbursed the seventh tranche of its exceptional Macro-Financial Assistance (MFA) loan to Ukraine, worth <strong>\u20ac1 billion<\/strong>. With this payment, the Commission&#8217;s total lending to Ukraine under this MFA reaches <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_25_1786\" target=\"_blank\" rel=\"noopener\">\u20ac9 billion since the start of the year<\/a> and comes on top of the assistance provided via <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/fs_22_3862\" target=\"_blank\" rel=\"noopener\">other support instruments<\/a>.\u00a0<\/p>\n<p>In total, the <strong>MFA amounts to \u20ac18.1 billion<\/strong> and represents the EU&#8217;s contribution to the <strong>G7-led Extraordinary Revenue Acceleration (ERA) loans<\/strong> initiative, which collectively aims to provide approximately <strong>\u20ac45 billion<\/strong> in financial support to Ukraine to cover its urgent needs.\u00a0The ERA loans from G7 partners, as well as the EU&#8217;s MFA loan, are being repaid with proceeds from immobilised assets of the Russian Central Bank, held by central securities depositories in the EU via the Ukraine Loan Cooperation Mechanism.\u00a0\u00a0<\/p>\n<p><strong>Background\u00a0\u00a0<\/strong><\/p>\n<p>Since the onset of Russia&#8217;s war of aggression against Ukraine, the EU, together with its Member States, has unequivocally condemned Russia&#8217;s actions and has offered unprecedented support to Ukraine and its people. As the largest donor, the EU has mobilized \u20ac168.9 billion in total, including:\u00a0<\/p>\n<ul>\n<li><strong>\u20ac73.6 billion<\/strong>\u00a0enabled by the EU budget in humanitarian support, crisis response, budget support, and early recovery and reconstruction. <\/li>\n<li><strong>\u20ac15 billion<\/strong> in bilateral assistance from the 27 EU Member States.\u00a0 <\/li>\n<li><strong>\u20ac59.6 billion<\/strong> in military assistance, including a share funded by the European Peace Facility.\u00a0 <\/li>\n<li><strong>\u20ac3.7 billion<\/strong> made available from the proceeds stemming from frozen and immobilised Russian sovereign assets (windfall profits). <\/li>\n<li>In addition, the EU and its Member States have mobilised at least <strong>\u20ac17 billion<\/strong> to support people fleeing Ukraine.\u00a0<\/li>\n<\/ul>\n<p>\u00a0<strong>For More Information \u00a0<\/strong><\/p>\n<p>Quote(s)<\/p>\n<blockquote>\n<p lang=\"en\">Ursula von der Leyen, President of the European Commission said: \u201cAs Ukraine celebrates its 34th Independence Day, the EU sends a clear message: our solidarity with Ukraine is unwavering. Today\u2019s disbursement of over \u20ac4 billion demonstrates our staunch commitment. This new funding underlines our commitment not only to Ukraine\u2019s recovery, but to its future as a sovereign and democratic country. Because when Ukraine is strong, Europe is stronger too.<\/p>\n<p>Ursula von der Leyen, President of the European Commission<\/p>\n<\/blockquote>\n<blockquote>\n<p lang=\"en\">The EU continues to stand with Ukraine. As we prepare to mark Ukraine\u2019s Independence Day, we are disbursing an additional \u20ac1 billion under the G7-led Extraordinary Revenue Acceleration (ERA) loans initiative. By using immobilised Russian assets to provide this crucial support, we are ensuring that Russia pays for the destruction it is causing.<\/p>\n<p>Valdis Dombrovskis, Commissioner for Economy and Productivity; Implementation and Simplification<\/p>\n<\/blockquote>\n<blockquote>\n<p lang=\"en\">Ukraine has taken another important step in advancing the reform agenda defined in the Ukraine Plan, which is critical for its European path, recovery, and reconstruction. This payment brings total disbursements under the first pillar of the Ukraine Facility to over \u20ac22 billion in direct budget support, demonstrating the EU&#8217;s commitment to supporting Ukraine in the face of Russia&#8217;s war of aggression.<\/p>\n<p>Marta Kos, Commissioner for Enlargement<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"Ahead of Ukraine&#8217;s 34th anniversary of independence on 24 August, the EU delivers another strong signal of unwavering&hellip;\n","protected":false},"author":2,"featured_media":364745,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,299,5187,335],"class_list":{"0":"post-364744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-europe","10":"tag-european","11":"tag-war-in-ukraine"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/364744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=364744"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/364744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/364745"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=364744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=364744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=364744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}