Ukraine Receives €4 Billion from EU via Frozen Russian Assets
On October 1, 2025, Ukraine received another tranche of €4 billion from the European Union as part of the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative, which provides for financing from frozen Russian assets.
The Gaze reports on it, referring to the Ministry of Finance of Ukraine.
In total, the Ministry of Finance has already attracted €14 billion of the €18.1 billion provided for under ERA. The remaining funds are expected to be received by the end of the year. The funding is planned to be directed to the priority needs of the state budget, including the social sphere, defense, and the country's recovery.
Finance Minister Serhiy Marchenko emphasized the importance of this assistance.
“Since February 2022, the EU has been Ukraine's largest partner in providing direct budget support. ERA funds help cover critical budget needs in 2025,” he said, adding that the further use of frozen Russian assets remains on the agenda of negotiations with European colleagues.
It is worth recalling that the ERA mechanism provides for a loan to Ukraine, which is repaid from the proceeds of frozen Russian sovereign assets.
In 2024-2025, the G7 countries and the EU have already provided Ukraine with about $28 billion under this instrument. The total amount of ERA could reach $50 billion.
As The Gaze informed earlier, Ukraine has received more than $145 billion in international financial assistance since Russia launched its full-scale invasion in 2022.