“With this €1 billion payment today, we reiterate our strong commitment to Ukraine. We are helping the country’s economy to stay on track and rebuild damaged critical infrastructure,”European Commission President Ursula von der Leyen said.

According to her, the EU will continue to support Kiev “as long as it takes” in the light of the ongoing Russian-Ukrainian conflict.

Thus, the bloc increased its contribution to the so-called Extraordinary Revenue Acceleration Initiative (EIA), i.e. to the G7 credit of up to 50 billion dollars, repayable with the proceeds from the immobilization of Russian assets.

According to the Western commitment, the EU will provide a total of 18.1 billion euros through the IEA, the joint amount of which was set at around 45 billion euros.

So far in 2025, the community club has accumulated disbursements for four billion euros and is currently holding talks with Ukrainian officials to specify the schedule for the following deliveries.

jrr/jav/mem/mjm