Prime Minister Yulia Svyrydenko announced that Ukraine has received €5.9 billion from the European Union.
€4.1 billion under the ERA Loans mechanism is the final tranche within the €18 billion program financed by profits from frozen Russian assets.
“This is a clear indication of how Russia is beginning to pay for its crimes. At the same time, it is a sign of European solidarity and determination to support our ability to endure,” Svyrydenko noted.
€1.8 billion is part of the Ukraine Facility. According to Svyrydenko, this confirms that Ukraine is confidently moving along the path of reforms and European integration.
“Both decisions are the result of a strategic partnership and trust between Ukraine and the European Union,” the Prime Minister wrote.
She pointed out that this helps maintain macro-financial stability even amidst the challenges of war, the largest in Europe since World War II.
“These funds are about saved lives, restored infrastructure, and a strengthened economy. This means we can direct more internal resources to our primary focus — defense. Europe stands with Ukraine. The aggressor will definitely pay. Justice will prevail,” Svyrydenko assured.