EU largest donor to Ukraine with 211 billion euros, says commissioner

The European Union stands as Ukraine's foremost financial benefactor, having committed a staggering 211 billion euros in support, surpassing even the United States, according to EU Commissioner Valdis Dombrovskis. Speaking at the Ukraine Recovery Conference in Gdańsk, Dombrovskis detailed the extensive aid package, which includes a 3.2 billion euro disbursement as the first tranche of a 90 billion euro loan facility intended for 2023 and 2024.

Further financial assistance is earmarked for Ukraine's future, with plans for 100 billion euros within the EU's long-term financial framework for 2028-2035, aimed at the country's survival and reconstruction. Development banks have also initiated the European Flagship Fund for Ukraine's Reconstruction, with initial contributions including 15 million euros from Poland's BGK and 80 million euros from the European Investment Bank.

Beyond immediate financial aid, the EU is focusing on broader strategic priorities. Dombrovskis highlighted the importance of enhancing European economic competitiveness and bolstering defense capabilities, particularly along the eastern flank. This includes fostering the EU's defense capacities and its defense industry. The EU is also deepening its defense cooperation with Ukraine, recognizing the country's valuable battlefield experience and technological developments.

Dombrovskis emphasized a reciprocal approach to defense procurement, stating that while the EU prioritizes its own industry, this "European preference" now explicitly includes Ukraine. This collaborative strategy aims to strengthen both European and Ukrainian defense sectors in the face of ongoing geopolitical challenges.

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Dziś przekazujemy Ukrainie 3,2 mld euro, co stanowi I transzę w ramach pożyczki w wysokości 90 mld euro, którą przygotowaliśmy na ten i przyszły rok