ECOFIN - Economic and Financial Affairs Council

11/04/2025 | Press release | Distributed by Public on 11/04/2025 04:35

Ukraine Facility: Council approves fifth payment of over €1.8 billion to Kyiv 11:25 The Council adopted an implementing decision authorising the fifth regular payment under the[...]

Ukraine is set to receive over €1.8 billion in funding after the Council adopted a decision on the fifth regular disbursement of support under the EU's Ukraine Facility. This amount reflects Ukraine's successful completion of nine steps required for the fifth disbursement, as well as one outstanding step from the fourth disbursement. The funding aims primarily to bolster Ukraine's macro-financial stability and support the continued operation of its public administration.

Payments under the Ukraine Facility are closely linked to the Ukraine Plan, which outlines Ukraine's strategy for recovery, reconstruction and modernisation, along with a timetable for the implementation of reforms aligned with the country's EU accession goals over the next years.

Background

The Ukraine Facility, which entered into force on 1 March 2024, provides up to €50 billion of stable financing, in grants and loans, to support Ukraine's recovery, reconstruction, and modernisation for the period from 2024 to 2027.

Of this €50 billion, up to €32 billion is indicatively earmarked to support the reforms and investments set out in the Ukraine Plan. Disbursements are conditional on the delivery of the Plan's identified indicators. Since its entry into force, the Ukraine Facility has already disbursed €6 billion by way of bridge financing, €1.89 billion in pre-financing, and four instalments of approximately €4.2, €4.1, €3.5 and €3.2 billion respectively.

Following the Commission's assessment of Ukraine's payment request on 29 September 2025, the Council concluded that Ukraine had satisfactorily fulfilled a number of reforms set out in the Ukraine Plan, including reforms of the judicial system, the fight against corruption and money laundering, financial markets, human capital, the business environment, decentralisation and regional policy, the energy sector, the management of critical raw materials, the green transition and environmental protection.

  • Council implementing decision
  • EU solidarity with Ukraine (background information)
  • The Ukraine Facility (background information)
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