A statement released this week by the European Commission (EC), after EU meetings with Ukrainian President Volodymyr Zelenskyy, outlined its intentions to support Ukraine on its path to EU membership, to pursue justice for Russian war crimes, and to provide “regular and predictable” financial assistance, EDnews reports, citing the Kyiv Post.
The statement estimated that European fiscal commitment would be €30.6 billion ($35.3 billion) in 2025.
“The European Union remains committed, including as part of Ukraine’s path to EU accession, to supporting its repair, recovery and reconstruction, in coordination with international partners,” the EC said.
As part of that commitment, “the EU will continue to provide Ukraine with regular and predictable financial support in the long term,” the statement reads. “In 2025, the European Union will allocate €30.6 billion to Ukraine, of which €3.5 billion ($4.1 billion) has already been disbursed under the Ukraine Facility, and €7 billion ($8.2 billion) under the G7’s Enhanced Resilience and Assistance (ERA) initiative, funded by extraordinary revenues generated from frozen Russian assets.”