EU sends Ukraine €4 billion: Here’s where money will go
Photo: Ukraine to receive €4 billion from the EU (Getty Images)
The European Commission has transferred the ninth tranche of macro-financial assistance to Ukraine for €4 billion. Total EU support since the start of the war is now approaching €178 billion, according to the European Commission and Ukrainian Prime Minister Yulia Svyrydenko.
The European Commission has disbursed the ninth tranche of emergency macro-financial assistance to Ukraine of €4 billion, further strengthening the EU's role as the largest donor since the start of Russia's war against Ukraine, with total support approaching €178 billion.
With this payment, the Commission's total support to Ukraine under the MFA since the beginning of 2025 amounts to €14 billion.
This significant payment confirms the EU's commitment to supporting Ukraine and follows President Ursula von der Leyen's recent announcement in her State of the Union address of €6 billion in advance financing for the EU's contribution to the ERA initiative.
This support will help Ukraine meet its growing financial needs, particularly in the defense sector. In particular, €2 billion of today's payment will be allocated to unmanned aerial vehicles in accordance with a mutual agreement between the EU and Ukraine.
Svyrydenko, in turn, confirmed that Ukraine had received a €4 billion tranche of EU macro-financial assistance under the ERA Loans mechanism.
"It is symbolic that the payment was made today, on the Day of Defenders of Ukraine," she notes.
The Prime Minister explained that the tranche is secured by proceeds from frozen assets of the Central Bank of Russia in the European Union and is an important signal to Ukraine of Europe's determination to strengthen its defense capabilities and provide long-term support.
"I would like to thank European Commission President Ursula von der Leyen and EU Commissioner for Economy and Productivity Valdis Dombrovskis for their leadership. These funds mean thousands of lives saved, cities rebuilt, and Ukraine's irreversible path to Europe," the Prime Minister says.
European Commission President Ursula von der Leyen announced this yesterday, September 30, before the start of a security meeting of the European Commission College in Brussels.
According to her, the European Commission has agreed with Ukraine to allocate €2 billion for the production of drones.
The funding should help strengthen defense capabilities and develop high technologies.
European Union ambassadors have begun discussing a plan to provide Ukraine with €140 billion in loans from frozen assets of the Russian Central Bank.
