The Ministry of Finance attracted €1 billion from the EU – the fifth tranche of Macro-Financial Assistance funded by russian assets

Today, Ukraine received the fifth tranche from the EU amounting to EUR 1 billion under the G7 initiative Extraordinary Revenue Acceleration for Ukraine (ERA).

In total, under the ERA initiative, the Ministry of Finance has already raised EUR 7 billion from the European Union. It is expected that the remaining funds from the EU will be disbursed in tranches by the end of 2025.

ERA provides for the allocation of USD 50 billion to Ukraine by the G7 countries, of which the EU’s contribution amounts to EUR 18.1 billion (USD 20 billion).

“In 2025, the European Union has provided EUR 10.5 billion in direct budget support to Ukraine – the largest contribution among all international partners. The financing has been delivered through the ERA and Ukraine Facility instruments. I am grateful to our European partners for their stable and predictable support, which strengthens the financial resilience of our country. The funds received are directed towards key priorities of the State Budget,” said Minister of Finance of Ukraine Sergii Marchenko.

Since February 2022, the European Union has been the largest provider of direct budget support to Ukraine – EUR 52.5 billion for priority State Budget expenditures.