Skip to content
Edit post

Ukraine receives another $2 billion tranche from EU's Ukraine Facility, PM Shmyhal says

by Nate Ostiller and The Kyiv Independent news desk June 27, 2024 2:28 PM 1 min read
Prime Minister Denys Shmyhal in Kyiv on Feb. 26, 2024. (Eugen Kotenko / Ukrinform/Future Publishing via Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Ukraine received another disbursement of 1.9 billion euros ($2.03 billion) from the EU's Ukraine Facility on June 27, Prime Minister Denys Shmyhal said.

The four-year Ukraine Facility allocates 33 billion euros ($36 billion) in loans and 17 billion euros ($18 billion) in grants, conditional on certain reforms that the Ukrainian government is obliged to carry out.

The total budgetary support for Ukraine from the EU so far in 2024 has "reached nearly 8 billion euros ($8.6 billion)," Shmyhal said, adding that there is "more to come."

The EU approved the Ukraine Facility in February and the Council of the EU approved the framework agreement in mid-May, setting out the Ukrainian government's tasks for recovery, reconstruction, and modernization.

Shmyhal said in March that the reforms would cover "public administration, (the) fight against corruption, (and) economic and sectoral reforms in various spheres: from the energy to the agricultural sector."

Von der Leyen: Ukraine to receive 3.4 billion euros from EU this summer
Ukraine will receive 1.5 billion euros ($1.6 billion) in Russian frozen assets revenue in July and 1.9 billion euros ($2 billion) under the Ukraine Facility already this month, European Commission President Ursula von der Leyen said on June 11.

News Feed

10:29 PM

Georgian president appeals to Constitutional Court on law on 'foreign agents.'

Georgian President Salome Zourabishvili has filed a motion against the law on "foreign agents" to the Constitutional Court of Georgia. The bill requires organizations that receive foreign funding to be labeled as "foreign agents," mirroring repressive Russian legislation used to crack down on Kremlin critics.
9:36 PM

US prohibits Ukraine from striking deep inside Russia due to fears of war spreading.

"I think it is important to understand that we do not want to see unintended consequences of an escalation that could turn this conflict into a broader one that goes beyond Ukraine. I think this is something that we all need to consider and take very seriously," Pentagon spokesperson Patrick Ryder said in an interview with the Voice of America.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
7:30 PM

Spain says 10 more Leopard 2 tanks en route to Ukraine.

The tanks were repaired, maintained and tested at the Santa Barbara Sistemas manufacturer in the province of Seville, according to the statement. With this batch, the total number of Leopard 2A4 tanks handed over from Spain to Ukraine has reached 20.
6:34 PM

Zelensky says he 'is not afraid' of Trump's potential presidency.

Ukraine has bipartisan support and will develop relations with Washington regardless of the outcome of the presidential elections, President Volodymyr Zelensky told journalists. "If Donald Trump becomes president, we will work. I am not afraid of this," Zelensky said.
5:52 PM

Last Russian patrol ship left occupied Crimea, Ukraine's navy says.

The vessel's designation was Project 1135, Dmytro Pletenchuk, a spokesperson for the Ukrainian Navy, told the Kyiv Independent. This patrol ship is not a carrier of cruise missiles, which Russia is using to attack Ukraine, but is equipped with the other weapons, he added.
12:24 PM

Georgian volunteer fighter reportedly killed in Ukraine.

In comments to The Kyiv Independent in February, the Georgian Legion, one of the leading groups of Georgian volunteer fighters, said that at least 59 Georgian fighters had been killed in battle since the beginning of the full-scale war.
10:05 AM

Russia claims Ukrainian drone attack against occupied Crimea.

Razvozhayev claimed at 4:10 a.m. local time that Russian defenses shot at least one drone over Cape Fiolent on Crimea's southern coast. The attack ended at around 6 a.m., resulting in damage after a drone fragment fell on a house but leaving no casualties, he added.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.