EU Disburses €1.5 Billion Aid Tranche to Ukraine

Friday, 22 September 2023

The European Commission disbursed another €1.5 billion to Ukraine on 22 September as part of the €18 billion macro-financial support package planned for this year.

Ursula von der Leyen, President of the European Commission, separately noted that this year alone, the EU has allocated €13.5 billion to help Ukraine maintain hospitals, schools and other services.

"This also helps Ukraine on its EU path by supporting transformative reforms. Europe remains firmly by Ukraine's side," von der Leyen said on Twitter.

Ukraine received the first tranche of the EU's macro-financial assistance in the amount of €3 billion out of a total of €18 billion in January. Kyiv was granted the first tranche without any conditionality. The next €15 billion is conditional on Ukraine fulfilling its obligations.

Ukraine received the previous tranche of macro-financial assistance at the end of August.

Read also: Price of Saving Ukraine. On What Conditions EU Allocates €18 Billion to Kyiv

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