Financial aid to Ukraine

EU Pledges Continued Financial Aid to Ukraine Amidst NATO Spending Debate

During a Kyiv press conference, European Council President Antonio Costa reaffirmed the EU’s unwavering commitment to supporting Ukraine. This includes €4.2 billion in budget support by year-end and a further €1.5 billion monthly allocation from frozen Russian assets in 2024, a significant portion earmarked for defense. The EU strongly condemned Russia’s attacks on civilian infrastructure and vowed to continue economic sanctions, with a 15th package currently in preparation. Furthermore, the EU pledged continued humanitarian, economic, military, and energy assistance to Ukraine.

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