Brussels (Brussels Morning Newspaper) – The European Commission said on Thursday it had disbursed the fourth tranche of its exceptional macro-financial assistance (MFA) loan to Ukraine worth 1 billion euros under a G7 loan initiative.
“The EU continues to support Ukraine – politically, financially, economically and militarily. Today we are disbursing a further 1 billion euros under the 45 billion euros G7 Extraordinary Revenue Acceleration initiative – the 4th disbursement this year,”
Said EU Commissioner Valdis Dombrovskis in a statement.
How is the EU supporting Ukraine’s financial resilience now?
The MFA, which totals €18.1 billion, is the EU’s share of the Extraordinary Revenue Acceleration (ERA) loans project, which is led by the G7 and has a total goal of giving Ukraine almost €45 billion in financial help. These loans are to be repaid with proceeds from immobilized Russian State assets in the EU. With this payment, the Commission has now loaned €6 billion to Ukraine under this MFA since the year began.
The EU continues to support Ukraine.
— Valdis Dombrovskis (@VDombrovskis) May 8, 2025
Today we disburse a further €1bn under the €45bn G7 Extraordinary Revenue Acceleration initiative.
This comes on top of the €6bn already delivered to Kyiv, with a further €12.1bn to be distributed later this year. #StandWithUkraine pic.twitter.com/qfkAohzlGa
What role does the Ukraine Facility play through 2027?
As decided by the European leaders in the Special European Council in early March and reaffirmed by President Ursula von der Leyen, the Commission is prepared to frontload the EU contribution to the ERA loans initiative, if necessary. It is in close communication with the Ukrainian authorities regarding the forthcoming disbursements. If Ukraine makes a request, the Commission is prepared to act quickly.
This would allow the EU to cover any necessary raises in military spending over the weeks and months to come, assuring that Ukraine is well-equipped before any peace talks might happen.
To facilitate Ukraine in its long-term recovery from the war and its path towards EU membership, the EU has initiated a standalone financial instrument for 2024 to 2027.
The Ukraine Facility allows the EU to provide Ukraine with up to €50 billion of predictable and flexible financial assistance over this period. We have already mobilised €25.4 billion in direct and indirect support under the Facility.
