EU approves €1 billion loan to Ukraine
July 12, 2022

EU approves €1 billion loan to Ukraine

EU ministers today approved €1 billion of additional macro-financial assistance (MFA) to Ukraine, as a matter of urgency.

Together with the €1.2 billion in emergency MFA allocated earlier this year, total EU macro-financial support for Ukraine has reached €2.2 billion since the war began, and is expected to increase further in the coming months. 

This financial assistance complements other EU support to Ukraine in the humanitarian, development, customs and defence fields.

The continuation of material and financial aid is not an option, but our duty,” said Zbyněk Stanjura, Minister of Finance of Czechia. He added that this tranche will give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure.

Ukraine is an economy at war. It badly needs short-term funding. The EU is there to help,” wrote EU Commissioner Valdis Dombrovskis on Twitter.

Find out more

Press release


Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a GOPA PACE-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,