European Commission disburses additional €1.5 billion in bridge financing to Ukraine
April 24, 2024

European Commission disburses additional €1.5 billion in bridge financing to Ukraine

Today, the European Commission disbursed the second instalment of exceptional bridge financing to Ukraine under the Ukraine Facility, amounting to €1.5 billion. 

The disbursement follows the positive assessment by the Commission of the agreed policy conditions linked to reforms in the area of judiciary, anti-money laundering, public finance management, business environment and agriculture, as well as reporting requirements to ensure the transparent and efficient use of the funds. A general precondition for the support under the Ukraine Facility is to respect effective democratic mechanisms.

In March, the EU released the first instalment of the exceptional bridge financing, of €4.5 billion. With today’s payment, the EU has disbursed €6 billion to Ukraine to support the country’s macro financial stability since the entry into force of the Ukraine Facility on 1 March. 

Total EU support to Ukraine and its people since February 2022 now amounts to €98.5 billion.

“Ukraine is carrying a heavy burden on its shoulders for all of us. The additional €1.5 billion we disburse today will ensure that Ukraine can continue to keep the State and basic services running for the population, while it fights back the aggressor,” Commission President Ursula von der Leyen said.

She added the Commission would work closely with the Ukrainian authorities to ensure the implementation of the Ukraine Plan, which she expected the Council to agree on swiftly. 

“This will pave the way for regular and predictable disbursements under the €50 billion Ukraine Facility,” Von der Leyen said.

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,