“The second reason for our meeting today is that the Commission has just paid to Ukraine a first tranche of EUR 4.5 billion from the Facility. It is the very first time that there is a disbursement now. This payment, in the form of a bridge financing, is crucial to help you maintain the functioning of the state in this very difficult moment. In April, once Ukraine fulfils the conditions we agreed upon, we will make a second disbursement of the bridge financing of EUR 1.5 billion. So today is a good day for Ukraine. Funds are flowing to meet urgent needs. And the country has laid a solid foundation for the EU's support, right up until the end of 2027.”
20 Mar 2024
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