EU to Provide €1.5 Billion Monthly Aid to Ukraine
EU to Provide €1.5 Billion Monthly Aid to Ukraine

EU to Provide €1.5 Billion Monthly Aid to Ukraine

News summary

Ukraine has received a tranche of €4.1 billion from the European Commission as part of the Ukraine Facility program, bringing total assistance in 2024 to €16.1 billion. Prime Minister Denys Shmyhal highlighted that these funds will support key reforms and priority needs in the social and humanitarian sector, with the EU's €50 billion program extending through 2027. Starting January 2025, the EU will also provide €1.5 billion monthly in budgetary support, as confirmed by EU Diplomacy Chief Kaja Kallas. This ongoing support includes training for 75,000 Ukrainian soldiers and additional aid for defense needs. The disbursement of funds is conditional on Ukraine meeting specific reform targets outlined in the Ukraine Plan. Overall, Ukraine anticipates receiving a total of $41.5 billion in international aid, with €12.5 billion expected in 2025.

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