The European Union has reached a political agreement to provide €50 billion in financial assistance to Ukraine, with the first tranche expected to be disbursed in March. The funding aims to support Ukraine's ability to spend despite the ongoing war and economic crisis. EU officials, including Ursula von der Leyen and Josep Borrell, emphasized the importance of the assistance and discussed increased military support and Ukraine's EU and NATO membership. The support from Portugal was also acknowledged during discussions between Ukrainian and Portuguese officials.
“Whatever it takes”. I am grateful to @JosepBorrellF for stating it so clearly: EU support for Ukraine will not waver. The EU walks the walk, as evidenced by two recent major decisions to open accession talks and provide €50 billion in financial assistance. Today, we focused… https://t.co/0laGBxhPGt
Ukraine remains our top priority The €50billion Ukraine Facility will allow for sustainable financial EU support We are finalising discussions on Ukraine Assistance Fund for more predictable military supplies The war must be won to win the peace ↓ https://t.co/tkL8zGH4jL
I hosted Portuguese ministers of foreign affairs João Gomes Cravinho @JoaoCravinho and education João Costa during their visit to Ukraine. We appreciate our partnership with Portugal. We discussed further defense cooperation between Ukraine and Portugal, which is a member of… https://t.co/LkrvRC46Yf
💶 €50bn for Ukraine: EU expects to start disbursements in March https://t.co/mEPM2wr2ou
I welcomed my Portuguese counterpart @JoaoCravinho in Kyiv and thanked him for his personal firm position in support of Ukraine. We discussed @ZelenskyyUa’s Peace Formula, Ukraine’s EU and NATO membership, and increased military support from Portugal and the EU. Ukraine counts… https://t.co/NBEqS8e1uY
🇪🇺The first tranche of the €50 billion #Ukraine Facility program will be disbursed to Ukraine in March, EU Commission President Ursula von der Leyen said. 📷: AFP https://t.co/mW9zxgK8Cm
EU will start allocating funds for Ukraine from the 50 bln euros facility in March. So finally we are there. Ukrainian government will keep its ability to do all the necessary spending, despite the war and economic crisis that it's brought. We owe huge Thank You to the EU!
Last night’s political agreement on the €50 billion Ukraine Facility is a major step forward. Europe is true to its word. We will continue to deliver much-needed funding and predictability for our brave partner and aspiring member. We aim to start payments in March.