In 2025, the European Union will proceed to financially help Ukraine by the proceeds of frozen Russian belongings and the Ukraine Facility plan.

Supply: Vice President of the European Fee Valdis Dombrovskis throughout a gathering with journalists in Kyiv on 20 March, a correspondent of European Pravda experiences

Particulars: Dombrovskis stated that the plan to finance Ukraine below the ERA [at the expense of proceeds from frozen assets – ed.] is to "proceed [to provide] €1 billion month-to-month, after which in December – €6 billion to cowl the start of 2026".

"Beneath the Ukraine Facility, we plan to disburse the subsequent €4.5 billion tranche in April, however this additionally is determined by sure situations being met," he added.

Background:

• In 2024, the G7 agreed to collectively present Ukraine with a US$50 billion mortgage insured with Russian belongings: the funds shall be supplied formally as a mortgage however shall be repaid from the proceeds of frozen Russian belongings.
• The EU is to switch a complete of €18.1 billion below this mechanism. Earlier on Thursday 20 March the European Fee transferred an extra €1 billion tranche to Ukraine.
• The Ukraine Facility programme, which got here into drive on 1 March 2024, gives as much as €50 billion in secure funding within the type of grants and loans to help the restoration, reconstruction and modernisation of Ukraine for the interval from 2024 to 2027.

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