European Commission allocates €1 billion in aid to Ukraine from frozen Russian assets

“With today’s €1 billion payment, we are reaffirming our unwavering commitment to Ukraine. We are helping the country’s economy stay on track and supporting the recovery of critical infrastructure damaged by Russian aggression. We will continue to support Ukraine for as long as it takes,” said European Commission President Ursula von der Leyen.

European Commissioner for Economy and Financial Affairs Valdis Dombrovskis noted that the funds will be used to maintain Ukraine’s macroeconomic stability, rebuild infrastructure, and continue the fight against Russian aggression.

“The EU will continue supporting Ukraine by providing all necessary assistance and targeting Russia’s ability to wage war,” Dombrovskis added.

With this payment, the total amount of loans provided by the European Commission to Ukraine under this macro-financial assistance program since the beginning of 2025 will reach €4 billion. Talks with Ukraine regarding the timeline for future payments are reportedly underway.

The Commission confirmed its readiness to transfer the remaining funds from the macro-financial assistance program based on Ukraine’s needs, following calls from European leaders during a special European Council session in early March.

The total macro-financial assistance provided by the European Commission to Ukraine now stands at €18.1 billion. This contribution is part of the G7-led extraordinary revenue acceleration initiative, which aims to provide approximately €45 billion in financial support to Ukraine, the Commission added.

On March 17, the European Council approved a third payment of nearly €3.5 billion in grants and loans to Ukraine under the Ukraine Facility program.