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Ukraine Updates: EU Sends Ukraine €1 Billion in Latest Loan
- On June 13, the European Union provided Ukraine with an additional €1 billion in financial support through the ERA program, marking the fifth installment of aid funded by frozen Russian assets.
- This aid is part of a $50 billion G7 loan program funded by proceeds from frozen Russian sovereign assets following Russia's 2022 invasion.
- The €1 billion represents the fifth tranche of aid through ERA, which has provided Ukraine a total of €7 billion for budget expenditures.
- European Commission President von der Leyen affirmed continued support for Ukraine, while Prime Minister Shmyhal pledged to use funds for key state expenses and to hold Russia accountable.
- This ongoing financial assistance highlights the long-term commitment of the EU and G7 to Ukraine’s defense and reconstruction using frozen Russian assets for loan repayment.
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19 Articles
19 Articles
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Center
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Right
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The European Union transferred another EUR billion to Ukraine on Friday, as part of an important package of aid promised by G7, announced the European Commission President Ursula von der Leyen, to Reuters and Dpa, chaired by Agerpres.
·Romania
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Thus, the country has already been provided with 7 billion euros by its European partners through the ERA program.
The Federal Court rejects complaints against the blocking of funds from the Yanukovych regime. However, there are further hurdles pending reimbursement.
·Zürich, Switzerland
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European Commission President Ursula von der Leyen announced on Friday, 13 June that the EU has transferred another billion euros to Ukraine.
·Romania
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Total News Sources19
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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