The European Union has disbursed over $4.7 billion in fresh aid to Ukraine ahead of the country’s 34th Independence Day. The European Commission said Friday that the latest support package includes $3.6 billion in grants and loans from the Ukraine Facility and an additional $1.1 billion through the European Commission’s Macro-Financial Assistance program.
According to the Commission, the fourth regular payment under the Ukraine Facility will help stabilize Ukraine’s finances, strengthen public administration and sustain long-term reforms. Kyiv is slated to receive up to $58.3 billion between 2024 and 2027 under the program. Total EU disbursements have reached $26.5 billion since March, nearly 60 percent of the Facility’s allocation.
Meanwhile, the MFA tranche brings total lending under the instrument to $10.5 billion this year, feeding into the broader G7-led Extraordinary Revenue Acceleration loans initiative. That scheme uses frozen Russian Central Bank assets held in European depositories to finance approximately $52.6 billion in urgent aid for Ukraine.
“As Ukraine celebrates its 34th Independence Day, the EU sends a clear message: our solidarity with Ukraine is unwavering,” EC President Ursula von der Leyen said in a statement. “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.”
Since Russia’s full-scale invasion, the EU and its member states have provided $197.5 billion in total assistance to Ukraine.
This year, member states have also continued increasing their contributions to Kyiv. In July, Germany’s Hensoldt secured a contract to supply advanced radars to Ukraine as part of a nearly $400 million military package. Denmark also announced that it would donate satellite communication terminals to the Ukrainian armed forces. Earlier this year, Sweden also allocated $295 million for its 18th military aid package, which includes artillery units and counter-battery radars.