Ukraine will receive €30 billion in EU support in 2025
Pravda Ukraine
The European Union has earmarked €30.6 billion in budget support for Ukraine in 2025, including €18.1 billion under the G7 ERA initiative at the expense of proceeds from frozen Russian assets and €12.5 billion under Ukraine Facility.
Source: Ukraine’s Ministry of Finance
Details: It is noted that the funds raised will be used to meet the needs of the state budget in 2025 and 2026.
During a speech at a meeting of the EU Council on Economic and Financial Affairs (ECOFIN) in Brussels, Ukrainian Minister of Finance Serhii Marchenko noted that the EU has been the largest donor of direct budgetary assistance since February 2022, and during this period, €45 billion was raised to finance priority state budget expenditures.
Quote: “In 2024, EU budget support accounts for over 40% of all external funding – EUR 16.1 billion. Importantly, this assistance includes EUR 3 billion in grants, while the remainder consists of concessional loans.
The European Union continues to provide systemic support to Ukraine, including military and humanitarian aid, as well as enforcing a strong sanctions policy against Russia,” he said.
Background: In early January 2025, Ukraine received €3 billion from the EU under the ERA initiative. This is the first tranche of funds from the European Union secured by the proceeds of Russian frozen assets.
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