Prime Minister Yulia Svyrydenko announced that Ukraine has received €5.9 billion from the European Union.
€4.1 billion under the ERA Loans mechanism is the final tranche of an €18 billion program, financed by proceeds from frozen Russian assets.
“This is an example of how Russia is starting to pay for its crimes. At the same time, it is a signal of European solidarity and determination to support our ability to endure,” Svyrydenko noted.
€1.8 billion comes from the Ukraine Facility. According to Svyrydenko, this confirms that Ukraine is confidently moving along the path of reforms and European integration.
“Both decisions are the result of strategic partnership and trust between Ukraine and the European Union,” the Prime Minister wrote.
She emphasized that this helps maintain macro-financial stability even amid the challenges of the war — the biggest in Europe since World War II.
“These funds are about saved lives, restored infrastructure, and a strengthened economy. This means we can direct more internal resources to the main thing — defense. Europe stands with Ukraine. The aggressor will certainly pay. Justice will prevail,” Svyrydenko assured.