Today (18 December), the Commission has disbursed nearly €4.1 billion to Ukraine under the first Pillar of the Ukraine Facility. This brings to €16.1 billion the total EU funding disbursed to the Ukrainian government under the Facility so far.
Following the payment request submitted by Ukraine, the Council endorsed the Commission’s assessment that Ukraine has satisfactorily fulfilled the nine reform indicators linked to the second regular quarterly payment. These reforms, covering business environment, labour market, regional policy, energy market, environmental protection and the fight against corruption have been set out in the Ukraine Plan.
For the period 2024-2027, up to €50 billion in grants and loans will be provided under the EU’s Ukraine Facility to support the country’s efforts to sustain macro-financial stability, promote short-term recovery as well as rebuild and modernise whilst implementing key structural reforms to advance on its EU accession path. Financing to support the Ukraine Plan is subject to the fulfilment of pre-agreed quarterly reform and investment indicators endorsed by the Council.
More information on this second regular payment is available in a 14 November press release. Overall EU solidarity with Ukraine is summarized in a factsheet.