Skip to content
Edit post

EU to send 4.5 billion euros to Ukraine in March in first payment under new aid program

by The Kyiv Independent news desk February 24, 2024 8:00 PM 2 min read
European Commission President Ursula von der Leyen, Ukrainian President Volodymyr Zelensky, and Belgian Prime Minister Alexander De Croo in Kyiv on Feb. 24, 2024. (President Volodymyr Zelensky / X)
This audio is created with AI assistance

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

Become a member Support us just once

The European Union’s new 50 billion euro ($54 billion) Ukraine Facility will make its first transfer of 4.5 billion euros ($4.9 billion) to Ukraine in March, European Commission President Ursula von der Leyen said on Feb. 24.

Von der Leyen announced this on the social media platform X after a meeting with Ukrainian Prime Minister Denys Shmyhal in Kyiv. The two also discussed issues with Ukrainian exports at the land border and joint work in the defense industry, according to her post.

Von der Leyen arrived in Kyiv on Feb. 24, the two-year anniversary of the launch of Russia’s full-scale invasion. Also in Kyiv for the anniversary were Canadian Prime Minister Justin Trudeau, Italian Prime Minister Giorgia Meloni, and Belgian Prime Minister Alexander De Croo.

All 27 EU members agreed to the creation of the 50 billion euro support package on Feb. 1, following a delay due to opposition from Hungarian Prime Minister Viktor Orban.

Financial support from the EU has become increasingly vital in Ukraine's fight against Russia, as foreign aid from the United States remains stalled for months in the country’s Congress.

The EU has so far delivered 28 billion euros ($30.3 billion) in military assistance to Ukraine, according to von der Leyen.

Earlier in the day during a press conference, von der Leyen announced that the EU will open an office for Defense Innovation in Kyiv.  The new office will support Ukraine's integration with EU defense programs, as well as allow European countries to learn from Ukrainian battlefield experiences.

Volker: West has made a lot of mistakes in Russia-Ukraine war
The West doesn’t spend enough time analyzing its miscalculations in the Russia-Ukraine war, Kurt Volker, a former U.S. special representative for Ukraine negotiations, said in an interview with the Kyiv Independent. “We have made many mistakes, from just before Russia’s invasion and throughout. The…

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
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.
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.
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.