EU pledges €4 billion in support to Ukraine ahead of Independence Day
On Ukraine’s 34th Independence Day the European Union announced €4.05 billion in aid to the country, including €3.05 billion through the Ukraine Facility and €1 billion in exceptional macro-financial assistance
European Commission press service on August 22 made the announcement.
The statement said that in the lead-up to Ukraine’s 34th Independence Day on August 24, the EU has sent another strong signal of unwavering support by transferring €4.05 billion to the country.
Of this, €3.05 billion comes via the Ukraine Facility and €1 billion through exceptional macro-financial assistance (MFA) from the European Commission.
"As Ukraine celebrates its 34th Independence Day, the EU sends a clear message: our solidarity with Ukraine is unwavering. Today's disbursement of over €4 billion demonstrates our staunch commitment. This new funding underlines our commitment not only to Ukraine's recovery, but to its future as a sovereign and democratic country. Because when Ukraine is strong, Europe is stronger too," European Commission President Ursula von der Leyen said.
Since Russia's full-scale invasion began in February 2022, the EU and its member states have mobilized €168.9 billion in humanitarian, financial, and military assistance to Ukraine.
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