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Image header Agence Europe
Europe Daily Bulletin No. 13256
Contents Publication in full By article 21 / 28
Russian invasion of Ukraine / Economy

Disbursement of new tranche of macro-financial assistance to Ukraine

On Friday 22 September, the European Commission paid a further tranche of €1.5 billion to Ukraine as part of the €18 billion in macro-financial aid allocated by the European Union for 2023.

This assistance is being used to fund the immediate needs of a country in the grip of Russian military aggression: paying civil servants’ salaries and pensions, maintaining public services, rehousing displaced people and repairing critical infrastructure.

According to a Commission assessment carried out at the end of July, Ukraine is continuing to be transparent about the use of the financial support provided and is implementing the conditional measures agreed including strengthening the rule of law and improving the gas distribution system.

To date, the EU has paid €13.5 billion of the €18 billion allocated.

The European Parliament and the Council of the EU are working on the creation of a Ukraine Facility of up to €50 billion to cover part of the country’s financial needs over the period 2024-2027 (see EUROPE 13223/2). (Original version in French by Mathieu Bion)

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE
EXTERNAL ACTION
Russian invasion of Ukraine
EDUCATION - YOUTH - CULTURE - SPORT
NEWS BRIEFS