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Image header Agence Europe
Europe Daily Bulletin No. 13601
Contents Publication in full By article 6 / 32
Russian invasion of Ukraine / Economy

Ukraine Facility - EU Council approves a third instalment of almost €3.5 billion

17/03/2025 (Agence Europe) – On Monday 17 March, the EU Council approved the payment of non-repayable grants and loans to Ukraine totalling €3.5 billion under the ‘Ukraine Facility’. It concluded that the country had met the necessary conditions set out in the Ukraine Plan to receive this payment, with the implementation of 13 measures relating in particular to energy, agriculture, simplifying border crossing procedures and strategic and critical raw materials. The aim of the Facility is to support macro-financial stability, recovery, reconstruction and modernisation in Ukraine. Since the Ukraine Facility entered into force in March 2024, two instalments of around €4.2 billion and €4.1 billion have already been made, in August and December 2024. (CG)

Contents

EXTERNAL ACTION
SYRIA: Ninth International Conference in Support of Syria raises €5.8 billion
DRC: EU countries sanction key ‘M23’ figures and Rwandan officers
UNRWA: “The status quo is no longer an option”, warns Philippe Lazzarini regarding lack of alternatives for refugees
UNITED KINGDOM: EU and London discuss potential for closer relations at a new EU-UK Parliamentary Assembly
Russian invasion of Ukraine
UKRAINE: European ministers give “broad support” to High Representative’s proposal for €40 billion in military aid
ECONOMY: Ukraine Facility - EU Council approves a third instalment of almost €3.5 billion
ECONOMY - FINANCE - BUSINESS
FINANCE: Aurore Lalucq advocates a general mobilisation of public instruments and private capital to finance EU’s investment effort
TAXATION: minimum tax of 2% on centi-millionaires could raise €67 billion a year, according to EU Tax Observatory
SECTORAL POLICIES
INDUSTRY: European Commission expected to propose adjusting steel safeguard measure as early as April
ENERGY: European energy ministers set out their priorities for lowering prices and ensuring EU’s energy security
ENERGY: Dan Jørgensen says ‘roadmap’ for definitive move away from Russian fossil fuels to be published “very soon”
ENERGY: gas storage, Polish Presidency of EU Council proposes more flexible filling deadline
ENERGY: countries of Nuclear Alliance call for European Commission’s efforts to encompass “all nuclear technologies”
ENERGY: ACER informs European ministers of need for more short-term flexibility
MIGRATION: Ursula von der Leyen reiterates EU’s priority actions in field of migration
DIGITAL: several MEPs preparing “counter-report” on European technological sovereignty
DIGITAL: Europe’s technology industry demands radical measures to reduce dependence on foreign technologies
MEDIA: EU funding for Radio Free Europe proposed by Czech Republic, following withdrawal of Trump administration
AGRICULTURE: CAP budget must remain solid and independent after 2027, say EU Member States
TRANSPORT: military mobility and cyber security on EU ministers’ agenda
TRANSPORT: MEPs want another geographical scope for River Information Services Directive
INSTITUTIONAL
BETTER REGULATION: European Council in favour of very rapid adoption of ‘omnibus’ package
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: twenty years after its launch, European Education and Culture Executive Agency evaluates Erasmus Mundus and supports greater integration
CULTURE: MEPs call on Commission to defend European audiovisual production
NEWS BRIEFS
STATE AID: energy transition - European Commission approves Spanish aid worth €699 million
BANKS: SRB consults on major European banks’ assessments of their internal resolution capabilities
CULTURE: European Heritage Label 2025 - twenty-one sites shortlisted
ENVIRONMENT: European Ombudsman examines ECHA’s refusal to give full access to a document on export of seeds treated with pesticides
UNITED STATES: transatlantic trade reached a record level of 1.8 trillion euros in 2024
BETTER REGULATION: Confederation of SMEs in France puts forward 70 simplification proposals
CIVIL PROTECTION: EU activates civil protection mechanism after nightclub fire in North Macedonia
TERRORISM: EU sanctions Al-Azaim Media Foundation - media wing of Islamic State in Khorasan