EU Approves Additional €1.9 Billion in Financial Aid for Ukraine
The European Union has officially approved the disbursement of the fifth tranche of financial assistance to Ukraine, along with a portion of funds from the fourth tranche under the Ukraine Facility program.
Overall, Ukraine is set to receive €1.9 billion, providing crucial support amidst ongoing military challenges and internal reforms.
Specifically, the EU will allocate €1.35 billion in the fifth tranche, while nearly €600 million will be transferred from the previous fourth tranche, mainly for reforms related to the independence and operations of the ARMA agency.
However, EU officials have indicated that the total amount of the fifth tranche is somewhat reduced from the initial plan due to Ukraine’s incomplete implementation of key reforms in the second quarter of 2025, particularly concerning changes in judicial asset declarations and the digitalization of enforcement proceedings.
Ukrainian authorities are given until the end of the second quarter of 2026 to complete these reforms, which will allow for the full disbursement of pledged funds.
The official approval is expected to be announced on November 4.
Despite setbacks, experts highlight that EU financial support remains vital for Ukraine’s stability and development.
Furthermore, the reform of ARMA presents an opportunity to improve the management of seized assets, provided that the new legislative initiatives are effectively implemented.