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EU disburses Ukraine second micro-financial assistance tranche of €1.5bn

Ukraine received the first tranche on 17 January.

EU disburses Ukraine second micro-financial assistance tranche of €1.5bn
European Commission President Ursula von der Leyen
Photo: EPA/UPG

The European Union has disbursed the second tranche of macro-financial assistance to Ukraine in the amount of €1.5bn out of a total package of €18bn, European Commission President Ursula von der Leyen said on Twitter.

“Today we disbursed another €1.5 billion to Ukraine. Our support helps keep Ukraine running, while defending itself. And puts Ukraine firmly on its EU path by supporting reforms - good governance and financial stability, for example. Together we’re writing Ukraine’s future,” she wrote.

Prime Minister Denys Shmyhal noted that since the start of the full-scale war, EU support has reached about €67 billion.

Ukraine and the EU signed a memorandum on the allocation of €18 billion in macro-financial assistance in 2023. Ukraine received the first tranche on 17 January.

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