Ukraine receives another EUR 1 billion from the EU’s G7 loan contribution

The European Commission has disbursed the eighth tranche of its exceptional macro-financial assistance loan to Ukraine, worth EUR 1 billion, further strengthening the EU’s role as Ukraine’s largest donor since the start of Russia’s war of aggression, with overall support of more than EUR 170 billion.

18.1 billion and represents the EU’s contribution under the G7-led Extraordinary Revenue Acceleration Loans initiative, which collectively aims to provide approximately EUR 45 billion of financial support to Ukraine. This latest payment brings the Commission’s total support to Ukraine under this macro-financial assistance to €10 billion from the beginning of 2025.

As announced yesterday by President Ursula von der Leyen in her State of the Union address, the Commission will frontload €6 billion of the EU contribution to the loan initiative. This will allow the EU to support the necessary increase in military spending this autumn, helping Ukraine to meet its urgent military needs.

Extraordinary revenue acceleration loans from G7 partners, as well as the EU’s macro-financial assistance loan, are being repaid using proceeds from the Russian state’s immobilised assets held in the EU. On 25 August, the Ukraine Loan Facility disbursed an initial amount of EUR 1.5 billion in windfall revenues, allowing Ukraine to settle the windfall acceleration loans.

More information: European Commission