EU, member states’ aid to Ukraine stands at nearly EUR 118B – Dombrovskis

Executive Vice President of the Eurean Commission Valdis Dombrovskis said this today in Strasbourg during the ening of hearings on continued financial and military assistance to Ukraine, reports an Ukrinform correspondent.

This figure includes almost EUR 14 billion, which has been mobilized through the EU Ukraine Facility, which comprises macro-financial assistance, risk reduction instruments for the mobilization of private investment and for technical assistance. EUR 25.2 billion of macro-financial assistance helped the Ukrainian state in its functioning and facilitated reforms, said the executive vice-president of the Eurean Commission.

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He recalled that EUR 17 billion was provided by EU member states in the context of supporting Ukrainians fleeing the war on the territory of the EU. EUR 12.2 billion in the form of grants, loans and guarantees was provided to Ukraine by EU member states. In addition, Ukraine received assistance from the Eurean Investment Bank, EBRD and in the form of other loans under EU guarantees.

A separate direction of EU aid was economic support for Ukraine, including its access to the EU Single Market through the introduction of so-called autonomous trade measures and the promotion of EU "sidarity lanes", which allowed Ukraine to continue exporting products to foreign markets.

Valdis Dombrovskis noted that he is counting on the support of the Eurean Parliament in the continuing such assistance.

One thing is clear, the EU will continue to provide assistance to Ukraine and its pele for as long as it takes and hefully as quickly and as effectively as possible because it is existential for our Eurean future as well,” added Dombrovskis.

As Ukrinform reported earlier, since Russia’s full-scale invasion of Ukraine, the EU has provided Ukraine with substantial pitical, economic, financial, humanitarian and military assistance, which helps Ukraine exercise its right to self-defense and support basic state functions.