EU's €50bn and Revenues From Russian Frozen Funds: Ukraine Receives New Aid

#thegaze The European Union commits to providing Ukraine with €50 billion over the next four years, contingent on the implementation of a comprehensive reform plan. The plan includes 69 reforms and 10 investments across 15 key sectors such as energy, agriculture, and digital transition. Ukraine received initial funding of €4.5 billion in March 2024, followed by a €1.5 billion tranche in April. Additionally, the EU approved a mechanism to use revenues from frozen Russian assets, with up to €3 billion allocated for Ukraine's defense and infrastructure. Learn about the significant financial support and the stringent conditions Ukraine must meet to secure this aid.