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

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.