EU allocates another €1 billion to Ukraine under G7 plan

In 2025, Ukraine could receive up to 9 billion euros in military aid under the G7 ERA initiative, which is financed from profits from frozen Russian assets.

This was told by the Ambassador of Ukraine to the EU, Katarina Maternova, reports Ukrinform. We are currently considering a package of 10 million euros for independent media. 10 million consists of contracts, 7 million of which are currently under discussion and should be completed in the near future. 2 million euros for Reporters Without Borders, in particular the subsidization of small media and production support for journalists at risk; 3 mi…

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(Credit: Unsplash) This article is brought to you in association with the European Commission. Today, the European Commission has disbursed an additional €1 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan to Ukraine, to be repaid with proceeds from immobilised Russian State assets in the EU, reinforcing the EU’s role as the largest donor since the beginning of Russia’s war against Ukraine. In total, the MFA amounts to €1…

EU allocates another €1 billion to Ukraine under G7 plan

Brussels (Brussels Morning Newspaper) – The European Commission provided another €1 billion in financial assistance to Ukraine. The funds are being allocated as part of a G7 loan, which will be repaid with proceeds from frozen Russian assets. “Today, the … Read more Continue reading EU Commission allocates another €1 billion to Ukraine from frozen Russian assets at The Brussels Morning Newspaper.