EU Delivers €1 Billion Loan to Ukraine, Bolstering Support Amid Conflict

May 9, 2025
EU Delivers €1 Billion Loan to Ukraine, Bolstering Support Amid Conflict
  • On May 8, 2025, the European Commission announced the disbursement of a one-billion-euro loan tranche to Ukraine as part of its macro-financial assistance program.

  • This latest tranche, valued at approximately 1.1 billion US dollars, is part of a broader commitment by the EU to support Ukraine amid ongoing conflict.

  • With this latest payment, the EU has now provided a total of 6 billion euros in support since the beginning of 2025, contributing to a larger commitment of 18.1 billion euros.

  • This loan is part of a comprehensive package of loans totaling 45 billion euros from the G7 and the European Union aimed at assisting Ukraine.

  • The current disbursement marks the fourth loan made in 2025 under the G7 Extraordinary Revenue Acceleration initiative.

  • The loans are intended to be repaid using proceeds from frozen Russian assets held in the EU, reinforcing accountability for Russia's actions in Ukraine.

  • Commission Vice-President Valdis Dombrovskis emphasized that 'Russia will pay for the destruction it has caused to Ukraine,' highlighting the EU's stance on accountability.

  • Dombrovskis further underscored the EU's ongoing support for Ukraine, which encompasses political, financial, economic, and military assistance.

  • This disbursement coincides with Ukraine's Day of Remembrance and Victory over Nazism in World War II, adding symbolic significance to the financial aid.

  • Since the onset of Russia's full-scale invasion in February 2022, the EU and its 27 member states have delivered nearly 150 billion euros in economic, humanitarian, and military aid to Ukraine.

Summary based on 2 sources


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Sources


EU disburses a new one-billion-euro loan tranche to Ukraine

Global Banking And Finance Review • May 8, 2025

EU disburses a new one-billion-euro loan tranche to Ukraine

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