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Ukraine: EU releases new €2.8 billion funding

This is the seventh disbursement under the facility, the EU’s main instrument to support Ukraine’s recovery, reform agenda, and progress toward EU membership

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The European Union (EU) released nearly 2.8 billion euros for Ukraine today, marking the seventh installment under the Ukraine Facility, which has now reached a cumulative total of 29.5 billion euros. According to a statement from the European Commission, the funds made available today are intended to support Kyiv’s financing needs and maintain public administration while the country continues to defend itself against Russia’s war.

This is the seventh disbursement under the facility, the EU’s main instrument to support Ukraine’s recovery, reform agenda, and progress toward EU membership. With this latest payment, total EU support to Ukraine reaches 29.5 billion euros, the equivalent of nearly 77% of the total funds available for direct state budget support.

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The disbursement follows Ukraine’s successful implementation of reforms across several strategic sectors, including public financial management, the judicial system, financial markets, human capital, the business environment, energy, agriculture, critical raw materials, digitalization, and the green transition.

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