EU transfers 1.5 billion euros to Ukraine in latest tranche of macrofinancial aid.

The EU would disburse another 1.5 billion euros to Ukraine in macro-financial assistance, European Commission President Ursula von der Leyen wrote[1] on Twitter on June 2022. According to the European Commission, Ukraine continues to make satisfactory progress towards the agreed conditions and complies with reporting requirements, which aim to ensure the transparent use of the funds. "More will come.

We just proposed steady financial support until 2027. We are in it for the long haul," von der Leyen added. Earlier, the Commission announced[2] it would mobilize up to EUR50 billion for Ukraine between 2024 and 2027.

The goals of this aid are to support Ukraine's efforts to maintain macro-financial stability, to promote recovery and rebuild and modernize the country, as well as to support implementing key reforms on its EU accession path. On January, the EU said[3] it would begin disbursing the 18 billion euros support package for Ukraine in monthly tranches. On June 21, European Union ambassadors backed[4] its 11th sanctions package against Russia, focusing on closing loopholes and punishing actors working to circumvent existing sanctions.

Von der Leyen: 'I'm deeply convinced that Ukraine will win this war'

As Russian President Vladimir Putin makes his last-ditch attempt to break European support for Ukraine, European Commission President Ursula von der Leyen visited Kyiv on Sept.

15, saying that the EU will always stand by Ukraine's side. "Putin has always tried to divide us wherever there might have...

Reporter

Francis Farrell is a reporter at the Kyiv Independent. He has worked as managing editor at the online media project Lossi 36, and as a freelance journalist and documentary photographer. He has previously worked in OSCE and Council of Europe field missions in Albania and Ukraine, and is an alumnus of Leiden University in The Hague and University College London.

References

1. ^ wrote (twitter.com)
2. ^ announced (twitter.com)
3. ^ said (kyivindependent.com)
4. ^ backed (kyivindependent.com)
5. ^ Von der Leyen: 'I'm deeply convinced that Ukraine will win this war'As Russian President Vladimir Putin makes his last-ditch attempt to break European support for Ukraine, European Commission President Ursula von der Leyen visited Kyiv on Sept.

   15, saying that the EU will always stand by Ukraine's side. "Putin has always tried to divide us wherever there might have... (kyivindependent.com)