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EU Allocates €90 Billion to Ukraine: How the Funds Will Be Used

Європейський Союз надає Україні фінансову підтримку обсягом 90 мільярдів євро: у яких напрямах планується їхнє використання? Photo: Зеленський

This historic week for Ukraine has come to an end – a significant diplomatic week. The main outcome is that we secured €90 billion for Ukraine over two years. This is a key result for December and, in many ways, an important outcome for the entire year. Europe made a positive decision. We fought for this decision for a long time, and I want to thank everyone who helped.


It is important that Russian assets remain in Europe and are frozen. Ukraine will receive at least €45 billion annually over the next two years. And these funds can only be returned from Russian assets – Russia must pay for its war. The €90 billion is a very real financial guarantee of security for everyone in Ukraine. I am grateful to the leaders of Europe: António Costa, Ursula von der Leyen, and all the national leaders who supported us.



As a result of this historic diplomatic week, Ukraine has secured €90 billion for two years, which is an important step towards financial stabilization of the country and its security.