Ukraine has received another tranche of macro-financial assistance from the EU in the amount of EUR 1 billion under the ERA Loans program.
Prime Minister Yulia Svyrydenko announced this on her Telegram channel, Ukrainian News Agency reports.
This tranche was financed from the proceeds from the frozen assets of the Central Bank of the russian federation.
"This is more than aid - it is a clear signal: Europe is decisively strengthening Ukraine's defense and resilience against massive missile attacks and attempts at destabilization. I thank European Commission President Ursula von der Leyen and European Commissioner Valdis Dombrovskis for their leadership and steadfastness. These funds mean lives saved, cities rebuilt and a confident European future for Ukraine," she wrote.
Within the framework of the Ukraine Facility for 2024-2027, about EUR 50 billion are provided for Ukraine (EUR 38.27 billion - direct budget support), in total, more than EUR 23.6 billion have already been received by the state budget since 2024 within the framework of the instrument.
In 2025, it is planned to attract about EUR 12.5 billion, of which more than EUR 6.5 billion have already been received by the state budget.
The ERA mechanism provides for the allocation of USD 50 billion to Ukraine, which are secured by revenues from frozen russian assets, the EU contribution is EUR 18.1 billion (USD 20 billion).
As Ukrainian News Agency earlier reported, at the end of August, Ukraine received EUR 3.05 billion in credit from the European Union within the framework of the Ukraine Facility and EUR 1 billion within the framework of the G7 Extraordinary Revenue Acceleration (ERA) initiative at the expense of revenues from frozen russian assets.
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