The European Commission provided Ukraine with the fourth tranche worth 1.5 billion euros as part of the emergency macro-financial assistance package agreed by the European Union last year. This was announced by the Executive Vice President and Trade Commissioner Valdis Dombrovskis.

“Today we provide Ukraine with the 4th payment within the MFA + in the amount of €1.5 billion. This regular EU support helps Ukraine meet financial needs such as salaries, pensions, critical infrastructure repairs,” Dombrovskis tweeted..

He added that in this way, EU payments under this program this year amount to 7.5 billion euros..

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Recall that at the end of last year, the EU Council reached an agreement on a legislative package that will allow the EU to provide financial assistance to Ukraine in the amount of 18 billion euros during 2023.. At the same time, loans within this package will have a 10-year grace period..

According to the EU Council statement, the aim is to provide short-term financial assistance, finance Ukraine's urgent needs, restore critical infrastructure and initially support a sustainable post-war reconstruction to support Ukraine on the path to European integration..