The European Union is moving to disburse the initial portion of a 50 billion euro aid package to Ukraine, with payments slated to begin in March. This push was announced by the president of the European Commission on her official social media account, underscoring the bloc’s intent to honor its commitments to Kyiv.
According to the commission chief, agreeing to allocate this substantial sum marks a meaningful advancement in EU support for Ukraine. The message emphasized that Europe has kept its word and will continue to provide the critical financing needed by its partner and potential future member state.
In her post, she stated that March would see the first transfers, reinforcing the EU’s resolve to back Ukraine during its ongoing challenges while maintaining a steady stream of financial assistance.
EU leaders had planned a special summit in Brussels to discuss this support framework. A political decision was taken to establish a financial aid fund of 50 billion euros for Ukraine covering the period through 2027, with conditions tied to the rule of law and the respect for democratic norms and human rights, including protections for minorities.
Reports indicate that before the vote, EU leaders and the heads of member states consulted with various national leaders, including the Hungarian prime minister, who had previously hesitated to support the aid package for Ukraine.
In related context, Ukrainian defense officials have outlined the scope of military assistance provided up to early 2022, highlighting ongoing security coordination with partner nations.