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Ukraine to receive €1.5bn in EU macro-financial assistance next week

Over the course of the year, the European Union will provide €18 billion in aid to Ukraine.

Ukraine to receive €1.5bn in EU macro-financial assistance next week
Photo: EPA/UPG

Next week, the European Union will disburse the second tranche of €1.5bn to Ukraine as part of an €18bn macro-financial assistance programme, European Commission Vice President Valdis Dombrovskis tweets.

“The EU is committed to supporting Ukraine for as long as needed. We expect to make second MFA+ payment next week - €1.5 bln in emergency support to help Ukraine meet immediate needs,” the message reads.

On 10 December 2022, the Council of the European Union endorsed the European Commission's proposal to provide Ukraine with additional financial support in 2023. The new macro-financial assistance programme for Ukraine will amount to €18 billion. The loan will be disbursed to the state budget in instalments over the course of the current year. Ukraine received the first tranche of €3 billion on 17 January.

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