Espreso. Global

Ukraine has received around €118 billion in EU aid — Dombrovskis

17 September, 2024 Tuesday
14:18

European Commission Executive Vice President Valdis Dombrovskis said that the total amount of aid that the European Union has already allocated to Ukraine since the beginning of Russia's full-scale invasion has reached €118 billion

client/title.list_title

He said this during the opening of hearings on the extension of financial and military assistance to Ukraine in Strasbourg, Ukrinform reports.

Dombrovskis stated that, as of today, the total assistance from the EU and its member states to Ukraine amounts to approximately €118 billion. This includes nearly €40 billion mobilized through the EU fund to support Ukraine, as well as macro-financial assistance, risk mitigation tools to attract private investment, and technical assistance.

He also added that another €25.2 billion in macro-financial assistance has enabled Ukraine to carry out reforms.

The European Commission representative reminded that €17 billion was provided by the EU member states in the context of supporting Ukrainians fleeing the war in the EU, €12.2 billion was provided to Ukraine in the form of grants, loans and guarantees by the EU member states.

In addition, Ukraine has received assistance from the European Investment Bank and the EBRD, and other loans under EU guarantees.

A separate area of EU assistance has been economic support for Ukraine, including access to the EU Single Market through the introduction of so-called autonomous trade measures and the promotion of EU “solidarity corridors” that allowed Ukraine to continue exporting to foreign markets.

Dombrovskis emphasized that he counts on the support of the European Parliament in continuing such assistance.

The official added that it is clear the EU will continue to support Ukraine and its people for as long as necessary and with as much speed and effectiveness as possible, emphasizing that this support is of existential importance for the European future.

  • It was previously reported that the EU plans to provide Ukraine with approximately €40 billion in new loans by the end of the year, regardless of U.S. involvement. This move is intended as an alternative solution to bypass Hungary's veto on extending the freeze on Russian assets.

Tags:
Read also:
  • News
2024, Tuesday
8 October
15:34
Ukraine will receive Mirage 2000 fighters from France in early 2025
15:25
Updated
Russia strikes Kharkiv city center: 21 wounded, including a teen
15:14
French military prepares for key test against Russia
14:56
Russia attacks Ukraine's Kherson region with drones, artillery: one killed, one injured
14:39
Polish farmers may resume truck traffic blockade at Ukrainian border
14:16
Estonia intends to recognize deportation of Crimean Tatars as act of genocide
13:55
“Ratio of forces almost 1:9”: Ukraine's 72nd Brigade commander on withdrawal from Vuhledar
13:38
EU rolls out new sanctions to curb Russia’s destabilizing actions abroad
13:17
Vatican elevates Ukrainian-born bishop to cardinal in support of Ukraine
12:55
South Korea's Defense Ministry warns DPRK may deploy troops to Ukraine to support Russia
12:37
Exclusive
Unclear why Ukraine leaves working industrial facilities for Russia – expert Sniehyriov
12:16
Taiwan’s President: “Impossible” for communist China to be our motherland
11:47
OPINION
Russia has covert strategy
11:27
172 combat clashes on Russian-Ukrainian frontline: Russia fires 4,420 times at Ukrainian positions and civilian areas
10:59
Russia strikes Palau-flagged civilian ship in Odesa: one dead, five injured
10:43
Exclusive
Ukraine strikes largest Russian oil terminal in Feodosia, says military expert
10:22
Russia loses air defense system, 7 tanks and 1,340 soldiers in one day of war in Ukraine
09:58
Harris says she will not agree to talks with Putin on Ukraine without Kyiv's participation
09:38
Exclusive
Russian subversive reconnaissance groups raid frontline towns disguised as Ukrainian army
2024, Monday
7 October
21:00
Russia’s S-400 lack or failure: Defense Express analyzes Ukraine’s attack on oil depot in Crimea
20:41
OPINION
Russian bear has been totally sold to Chinese panda
20:20
Review
Mounting Russian drone attacks on Ukraine: enemy capabilities and Ukrainian countermeasures
20:00
Russian military targets Sloviansk in Donetsk region, wounding 5 people, including 2-year-old toddler
19:42
Overview of Russia's budget state
19:22
Exclusive
Ukrainian military: Pokrovsk direction is top priority for Putin, Kurakhove is up next
19:05
Russia won because of its gigantic territory
18:49
Ukraine's military intelligence disables Russian Baltic Fleet ship Alexander Obukhov
18:35
Ukrainian cyber specialists attack Russian judicial system - media
18:20
Russia sentences 72-year-old American for fighting for Ukraine
18:05
What sets Dutch F-16s apart as they join Ukraine’s Air Force?
17:48
Russia attacks Ukrainian seaport, damaging civilian ship
17:30
Ukraine won't extend gas transit from Russia, says PM Shmyhal
17:14
Ukraine integrates NATO gender equality standards into Armed Forces
16:55
Ukraine’s 3rd Brigade retakes positions in Kharkiv region, frees captive Ukrainian soldiers
16:36
Russian losses in Ukraine war reach record levels in September — UK intelligence
16:16
Fico says Slovakia is “cool” towards Ukraine's NATO membership
15:54
Ukrainian hackers attack Kremlin's state TV broadcasters
15:30
Updated
Russia attacks Ukraine with guided bombs, explosions leave 20 injured, including 2 children
15:16
Russia charges 14 foreign journalists for illegal border crossings
14:55
Exclusive
Can F-16s counter Russian guided bomb launches: aviation expert explains
More news