The European Commission proposed to allocate 100 billion euros for a program to support reforms and modernization in Ukraine in the future seven-year EU budget (2028-2034). According to European Commissioner Marta Koz, this indicates that European financial aid to Ukraine will not decrease over time.
'Those who thought that European support for Ukraine would weaken over time were mistaken. Time is indeed not on Russia's side,'
Marta Koz noted that the proposed funds will help ensure financial stability for Ukraine after 2028. Funding for Ukraine will be provided separately from the overall EU budget, allowing the country's needs to be met without compromising other European Union priorities.
Accelerating the EU accession process
Marta Koz also noted that the accession process for candidate countries, particularly Ukraine, Montenegro, Albania, and Moldova, is progressing rapidly. The European Commission plans to help these countries achieve their ambitions and conclude accession negotiations in the coming years.
Funding for candidate countries is based on merit and compliance with conditions. Funding is only provided if the criteria set out in the reform programs are met.
The European Commission proposed to allocate 100 billion euros for supporting reforms and modernization in Ukraine in the upcoming EU budget for 2028-2034. This indicates enhanced support from the European Union for Ukraine and the acceleration of its EU accession process.