EU Unveils Nearly USD7B Disbursement for Ukraine
The disbursement combines the concluding €4.1 billion installment from the EU's Macro-Financial Assistance (MFA) program—executed under the G7-coordinated Extraordinary Revenue Acceleration (ERA) framework—with an additional €1.8 billion payment from the Ukraine Facility, European Commission documents show.
Thursday's final MFA tranche marks completion of the EU's exceptional lending initiative, elevating this year's loan commitments to Ukraine to €18.1 billion. The bloc has now fulfilled its entire €45 billion pledge within the ERA structure, which mobilizes G7 resources to deliver rapid financial relief. To date, other G7 members have transferred €12.8 billion, bringing aggregate ERA disbursements to €30.9 billion.
Both ERA credits and MFA repayments will be financed through immobilized Russian sovereign assets sequestered across the EU, administered via the Ukraine Loan Cooperation Mechanism.
The €1.8 billion Ukraine Facility allocation targets macroeconomic resilience, administrative modernization, and institutional overhauls specified under the Ukraine Plan—Kyiv's strategic roadmap for structural reforms and capital deployment.
Cumulatively, the European Commission's ongoing support package has now surged past €187 billion since Russia's invasion commenced, positioning the EU as Ukraine's most consequential financial ally in the conflict's prolonged theater.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
