EU already provides EUR 118 bln in aid to Ukraine – EC Vice-President
The European Union has so far provided EUR 118 billion in assistance to Ukraine, European Commission (EC) Vice-President Valdis Dombrovskis told the European Parliament on Tuesday.
To date, all assistance to Ukraine and its people from the EU and its Member States has reached EUR 118 billion, Dombrovskis said in a statement published on the EC website.
This amount includes, in particular, EUR 25.2 billion in macro-financial assistance, EUR 17 billion for EU countries to help refugees, EUR 14 billion collected through the Ukraine Facility, and EUR 12 billion in loans, subsidies, and guarantees from EU countries.
In addition, we are talking about EUR 43.5 billion in military aid, of which EUR 6.1 billion came from the European Peace Facility.
As Dombrovskis noted, 60,000 Ukrainian servicemen have already been trained in the EU, and the current goal is to train another 15,000 servicemen by the end of winter. He also said that the EU has fulfilled its goal of delivering 1 million shells to Kyiv by 70%.
He recalled that the European Union allocated EUR 1.4 billion in profits from frozen Russian assets for the supply of weapons to Ukraine.
Around EUR 1.4 billion have already been channeled through the European Peace Facility for the supply of priority weapons to Ukraine, including artillery shells and air defense systems, as well as - for the first time - for the purchase of goods produced by the Ukrainian defense industry.
According to Dombrovskis, most of the purchased weapons should arrive in Ukraine by the end of 2024.
In addition, the Vice-President of the European Commission said that the Commission is working on the implementation of the G7 decision to provide Ukraine with $50 billion in funding, which is approximately EUR 46 billion, which will be reimbursed from the expected revenues from blocked Russian assets.
In August, head of EU diplomacy Josep Borrell said that the EU had already begun to transfer revenues from frozen Russian assets to the Ukrainian side and the bloc countries that will supply weapons to Kyiv.
