European Union Commissioner for Defense and Space, Andrius Kubilius, has proposed allocating 100 billion euros ($105 billion) for defense in the next seven-year EU budget, Politico reported on Dec. 8.
EU Ambassador to Ukraine Katarina Mathernova announced 25 million euros ($26.5 million) in funding on Dec. 5 for Ukrainian non-governmental organizations (NGOs) and civil society organizations that will advance work related to Ukraine's eventual EU integration.
In an exclusive interview with the Kyiv Independent, Kaja Kallas, the newly appointed vice-president of the European Commission and top EU diplomat, discusses Ukraine support and recent EU sanctions against Russia. Kallas visited Kyiv on Dec. 1, the first day in her new role.
Denmark will allocate 130 million euros ($137.5 million) for the development of the Ukrainian defense industry, Danish Prime Minister Mette Frederiksen announced on Nov. 19 during a joint press briefing with Ukraine's President Volodymyr Zelensky
"As we're approaching the 1000th day of Russia's atrocious war, we will help keep the Ukrainian state running while the country fights for survival. We are in it for the long haul," Ursula Von der Leyen said.
"We need faster deliveries and fewer self-imposed red lines," Borrell said referring to his support of allowing Ukraine to strike deep inside Russian with Western-provided long range weaponry.
Deputy Foreign Minister Yevhen Perebyinis issued a letter to cabinet ministers on Oct. 23 warning that the European Union has notified Ukraine that the next tranche of 4 billion euros ($4.3 billion) from the EU's Ukraine Facility may be delayed until next year unless expected aspects of corruption reforms are completed by the end of this month.
In the wake of Russia's full-scale invasion of Ukraine, 81% of young German respondents expressed concern about the possibility of war in Europe, a sharp rise from 46% in 2019.
Hungarian Prime Minister Viktor Orban is preparing to deliver a significant policy concession to former President Donald Trump, potentially allowing him to evade a $50 billion loan intended to support Ukraine amid its ongoing war with Russia.
European Union countries have approved an unprecedented plan to issue a 35-billion-euro ($37.2 billion) loan to support Ukraine's war-torn economy, using Russia's immobilized Central Bank assets as collateral.
Ukraine has received 4.2 billion euros ($4.6 billion) as part of the EU's four-year financial support program, Prime Minister Denys Shmyhal said on Aug. 13.
The funds will support "Ukraine's macro-financial stability and the functioning of its public administration."
The European Union's top diplomat, Josep Borrell, announced on July 22 that Ukraine is expected to receive the first transfer of $1.5 billion in payments from Russian frozen assets at the beginning of August.
"I'm not going to preempt what may happen in the elections later this year, other than to say that industrial strategy is a very important component of the package that we need to put together," Keir Starmer said.
The European Commission has approved the first regular payment of about 4.2 billion euros ($4.59 billion) under the Ukraine Facility, aiming to support Ukraine's macro-financial stability and public administration functions.
The EU's promises to deliver 155 mm artillery shells to Ukraine were not met due to "wishful thinking" and the fact that existing stocks may be "at least twice as modest as stated by high-ranking EU officials," RFE/RL Schemes investigative project reported on July 8.
The EU has developed a legal workaround to prevent Hungary vetoing a move to use profits from frozen Russian assets to aid Ukraine, the Financial Times reported on June 24.
The European Union has accelerated its production of projectiles and will match Russia's production capacity in 2025, EU Internal Market Commissioner Thierry Breton said in an interview with French news outlet La Tribune on June 14.
Starting on June 6, citizens of the European Union will head to the voting booths to elect the bloc's 720-member European Parliament. The election, held between June 6 and June 9 and often downplayed as irrelevant by voters, will have a major impact on EU domestic and foreign policy, among
Hungary is blocking three separate 500-million-euro ($540 million) tranches under the European Peace Facility (EFF) fund, as well as 5 billion euros ($5.4 billion) allocated for the Ukraine Assistance Fund, established within the EFF's framework.
Hungary is holding up legislation that would allow the European Union to send billions of dollars in profits from frozen Russian assets for Ukrainian aid, according to a report by the Financial Times.
The approval of the plan will allow the European Commission to disburse up to 1.89 billion euros ($2 billion) in an additional pre-financing tranche until the start of regular payments tied to the implementation of the reforms.
The European Union will host an EU-Ukraine Defense Industries Forum on May 6 to boost cooperation with Ukraine's defense industry, the EU announced on May 2.
Prime Minister Denys Shmyhal announced during a government meeting that Ukraine has received approximately $12 billion in external financing since the beginning of the year to help address the budget deficit.
The EU approved the four-year Ukraine Facility in February, allocating 33 billion euros ($35 billion) in loans and 17 billion euros ($18 billion) in grants.
The first tranche of 4.5 billion euros ($4.8 billion) was given to Ukraine on March 20.
EU finance ministers will discuss this week a plan and an investment agenda submitted by Kyiv as it seeks to secure 50 billion euros (around $53.7 billion) from the European Union's four-year Ukraine Facility, Reuters reported on April 10, citing sources in the German Finance Ministry.
The European Union plans to provide lethal military aid to Moldova, EU Ambassador to Moldova Janis Mazeiks told reporters in Chisinau on April 10.
Ukraine is addressing demands from Hungary to deal with the unresolved issues of Ukraine's national minorities in order to unblock the eighth tranche of the 500 million euros to the European Peace Facility, Ukraine's Foreign Minister Dmytro Kuleba said on April 4.
"This is an important step for the implementation of reforms and financial stability on Ukraine's path to the EU," Prime Minister Denys Shmyhal said on X.
"Today we also made the first payment of 4.5 billion euros under the Ukraine Facility, our 50 billion euro ($54 billion) package to support the recovery, reconstruction and modernization of Ukraine," said Josep Borrell, the EU's top diplomat.
The remaining 10% would be allocated to the EU's budget to boost Ukraine's defense industry, Josep Borrell told reporters in Brussels. The official said he would submit the proposal to member states on March 20.
shop now
(Updated: )
