Payments will be made subject to the implementation of agreed reform and investment steps, and under the precondition that Ukraine continues to uphold and respect effective democratic mechanisms.
Up to 32 billion euros is earmarked to support reforms and investments set out in the Ukraine Plan, with close to seven billion euros mobilised to provide access to finance.
Around five billion euros is foreseen for technical assistance to support reforms and related support measures, while six billion euros are earmarked for exceptional bridge financing, of which the EU already disbursed 4.5 billion euros in March.
“Ukraine’s strategy for reforms and investments offers a solid basis to rebuild a more modern and prosperous Ukraine, on its path towards the EU,” said European Commission President Ursula von der Leyen.
“The Commission’s positive assessment of the Ukraine Plan will pave the way for regular payments under the Ukraine Facility.
We’re thankful for our European partners’ unwavering support as we work together toward a prosperous and resilient Ukraine.”.
“[This is] a crucial step towards continued EU support for Ukraine,” said Commissioner for Neighbourhood and Enlargement Olivér Várhelyi. »
