Ukraine received 5.9 billion euros from the EU: what the funds will be used for.

Ukraine received 5.9 billion euros from the EU: what the funds will be used for
Ukraine received 5.9 billion euros from the EU: what the funds will be used for

Financial support for Ukraine from the EU

According to inkorr.com: Ukraine has already received 5.9 billion euros from the European Union, which will be used for important areas of the state budget. Of this amount, 4.1 billion euros is part of the EU's contribution to the G7 countries' initiative 'Extraordinary Revenue Acceleration for Ukraine' (ERA), aimed at supporting the financial stability and defense capability of our country.

In addition, 1.8 billion euros have been received as a loan from the EU through the new Ukraine Facility tool. These funds will be directed towards social and defense needs, as well as towards the reconstruction of Ukraine after significant challenges.

Ukraine's Minister of Finance Serhiy Marchenko expressed gratitude to the European Commission for its support and cooperation in addressing the financial issues necessary for the future development of the country.

To date, Ukraine has received significant financial assistance from the G7 countries and the EU, with a total amount of nearly 35 billion US dollars. These resources will allow strengthening the country's economy and preparing for new challenges.

European Commission

This financial support is an important element of international assistance to Ukraine, contributing to its adaptation and development in the face of current challenges. Support from the EU and the G7 countries can be a key factor for stabilizing the economy and maintaining social peace in Ukraine.


Read also

Advertising