The EU announced large-scale monthly aid for Ukraine
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Economics
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The EU announced large-scale monthly aid for Ukraine

Office of the President of Ukraine
Ukraine can count on strong financial support

In 2025, the European Union will transfer to Ukraine 1.5 billion euros each month from the frozen assets of the Russian Federation. This statement was made by the President of the European Council, Antonio Costa.

Points of attention

  • The President of the European Council said that Ukraine can count on strong financial support during the next year.
  • Volodymyr Zelenskyi proposed new support programs for Ukrainians.

Ukraine can count on strong financial support

Already this month, the European Union will provide Ukraine with an additional 4.2 billion euros to support the Ukrainian budget.

Antonio Costa

Antonio Costa

President of the European Council

In addition, it is emphasized: starting from January 2025, official Brussels will provide 1.5 billion euros of aid every month.

What is important to understand is that this will happen throughout the next year.

We receive these funds from the use of frozen Russian assets, and they can also be used for military purposes, Koshta emphasized.

According to the head of the European Council, Kyiv's European allies will not stop putting pressure on the Russian economy.

Currently, members of the bloc are actively working on the 15th package of sanctions to reduce the ability of the Russian Federation to wage war against Ukraine.

Zelensky announced new support programs for Ukrainians

On December 1, the head of state Volodymyr Zelenskyi officially confirmed that more than 1,100,000 Ukrainians have applied for winter support worth one thousand hryvnias.

What's more, he announced other support programs this winter and next year.

It is important that the government controls the operation of all systems in the program — to ensure that everything promised to the people is one hundred percent. And the government should also present the details of other support programs this winter and next year, Zelenskyy stressed.

He did not reveal the details yet, but reminded that the received funds can be spent on paying for a number of Ukrainian goods and services.

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