The Commission Provides Additional Aid of 1.5 Billion Euros to Ukraine

Today, the Commission disbursed 1.5 billion euros as part of the macro-financial assistance+ package for Ukraine worth up to 18 billion. euros. With this instrument, the EU aims to help Ukraine cover its immediate financial needs with stable, predictable, and significant financial support for 2023. Including today’s payment, Ukraine has received 16.5 billion euros this year under the macro-financial assistance+.
This support will help Ukraine continue to pay salaries and pensions and maintain essential public services, such as hospitals, schools, and housing for displaced persons. It will also enable Ukraine to ensure macroeconomic stability and restore critical infrastructure destroyed by Russia in its aggressive war, such as energy infrastructure, water systems, transport networks, roads, and bridges.
Today’s payment is made after the Commission determined on October 18 that Ukraine continued to make satisfactory progress in implementing the agreed policy conditions and complies with the reporting requirements, which aim to ensure the transparent and effective use of funds. Ukraine has made significant progress, particularly in strengthening financial stability by gradually phasing out temporary emergency taxation, as well as in strengthening the rule of law, for example by restoring the functioning of the Supreme Council of Justice and the Supreme Council of Judges. Ukraine has also made significant progress in improving its energy system by restructuring the natural gas transmission system operator and promoting a better business climate.
In total, since the beginning of the war, EU support for Ukraine and the Ukrainian people amounts to nearly 85 billion. euros. This amount includes economic, humanitarian, emergency budgetary, and military support for Ukraine from the EU, member states, and European financial institutions, as well as resources allocated to member states, helping them meet the needs of Ukrainian citizens trying to escape the war.