EU Clears USD107B Financial Package for Ukraine
European Commission President Ursula von der Leyen praised lawmakers' swift action, reaffirming Brussels' unwavering support for Kyiv.
"Ukraine's courage is unshakable. And so is Europe's resolve to stand by its side. Today and tomorrow! Because a strong Ukraine makes all of Europe safer," she posted on X, the US social media platform.
The approved structure channels EU resources through dual mechanisms targeting economic stability and defense expansion.
A €30 billion ($35.8 billion) allocation will shore up macroeconomic foundations via macro-financial assistance or the Ukraine Facility—the bloc's specialized instrument engineered to deliver consistent, reliable financial backing to Kyiv.
The bulk—€60 billion ($71.5 billion)—will supercharge Ukraine's defense manufacturing infrastructure and weapons acquisition programs, guaranteeing rapid access to military hardware from both Ukrainian and EU defense sectors.
European Parliament President Roberta Metsola characterized the parliamentary approval as "a vital lifeline" for Ukraine, emphasizing the funds would safeguard critical public services while strengthening military readiness.
Final authorization awaits the EU Council's formal endorsement before the commission releases initial disbursements, anticipated during early Q2 2026.
Last December, EU leadership concluded protracted negotiations by committing to finance Ukraine throughout 2026-2027 via capital market borrowing. The arrangement emerged after member states deadlocked over directly weaponizing frozen Russian assets for Ukraine's benefit.
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