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EU Disburses Another 1 Billion Euros to Ukraine for Drone Procurement
🇱🇹 Lithuania /Technology

EU Disburses Another 1 Billion Euros to Ukraine for Drone Procurement

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The European Union has disbursed another 1 billion euros to Ukraine as part of a larger support package.
  • This funding is specifically allocated for drone procurement, with the EU having previously paid 4 billion euros for drones on June 30.
  • The EU has approved plans totaling 10 billion euros for future drone, missile, and fighter jet acquisitions for Ukraine.

The European Union continues its robust financial support for Ukraine, announcing a new disbursement of 1 billion euros. This latest tranche is part of a substantial aid package aimed at bolstering Ukraine's defense capabilities, particularly in the area of drone technology.

Our support package of 90 billion euros in loans to Ukraine is fully operational. More than a third will be invested solely in Ukraine's defense products.

— Ursula von der LeyenDescribing the scale and focus of the EU's financial support for Ukraine.

European Commission President Ursula von der Leyen stated that the EU's support package for Ukraine, valued at 90 billion euros in loans, is fully operational. She highlighted that over a third of this funding is designated for Ukraine's defense products. Specifically, on June 30, the EU disbursed 4 billion euros for drones, described as the world's largest support package for such equipment.

"Today, I am pleased to announce another 1 billion euro disbursement specifically for drones," von der Leyen announced during a visit to Kyiv. She further indicated that additional funds will be allocated, noting that the EU has recently approved plans worth 10 billion euros dedicated to acquiring more drones, missiles, and fighter jets for Ukraine. "This is just the beginning," she emphasized.

Today, I am pleased to announce another 1 billion euro disbursement specifically for drones.

— Ursula von der LeyenAnnouncing the latest financial aid package for Ukraine during her visit to Kyiv.

The 90 billion euro loan package, intended to support Ukraine through 2026-2027, includes 60 billion euros earmarked exclusively for Ukraine's defense and 30 billion euros to support its budget. The recent 1 billion euro disbursement follows the 3.9 billion euros paid out on June 30 for drone acquisition from a 6 billion euro allocation within the larger loan facility.

This is just the beginning.

— Ursula von der LeyenIndicating further EU support for Ukraine's defense capabilities.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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