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Espreso Global aid to Ukraine EU transfers first €3 billion from G7 loan to Ukraine

EU transfers first €3 billion from G7 loan to Ukraine

Anna Fechan

10 January, 2025 Friday

13:50

The European Union has made the first payment of €3 billion from the G7 loan to Ukraine

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President of the European Commission Ursula von der Leyen announced this.

“Almost 3 years into Russia’s war of aggression, Ukraine can keep counting on its friends and partners. Today, we deliver €3 billion to Ukraine, the 1st payment of the EU part of the G7 loan. Giving Ukraine the financial power to continue fighting for its freedom – and prevail,” von der Leyen wrote.

On October 26, 2024, the G7 countries agreed to provide Ukraine with a $50 billion loan, which will be financed by profits from the frozen assets of the Russian central bank.

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