EU disburses new €2.9 billion aid tranche to Ukraine

The European Commission has disbursed a new tranche of financial assistance to Ukraine worth nearly €2.9 billion, Ukrainian President Volodymyr Zelensky announced, thanking the European Union for the support.

Zelensky emphasized that the funding arrives at a particularly fitting moment, describing it as very timely assistance for the country.

Work continues on remaining commitments

The president noted that Ukraine and the European Union are continuing to cooperate in order to fulfill the remaining parts of agreements related to macro-financial support. This indicates that the broader assistance package has not yet been fully implemented, with both sides working on the remaining steps.

The latest tranche is part of a wider EU financial support program for Ukraine, which helps the country cover budgetary needs amid the ongoing war. Specific further details or timelines for future tranches were not mentioned in the announcement.