Ukraine received 1 billion euros from the EU under the ERA program
news.online.ua
Thu, 08 May 2025 14:05:00 +0300

Ukraine received 1 billion euros from the EUThis was announced by Prime Minister Denys Shmyhal.
Ukraine has received 1 billion euros from the EU under the ERA program.
These funds are provided by the proceeds from the immobilized assets of the Central Bank of Russia.
We will direct these finances to cover critical budget expenditures and strengthen our state.
Denys Shmyhal Prime Minister of Ukraine According to Shmyhal, this tranche is part of a fair and consistent approach the aggressor must pay for the destruction he brought to our land.The Prime Minister expressed gratitude to the EU and G7 partners for the effective mechanism.
He noted that Ukraine expects full confiscation of assets and strengthened sanctions in response to Russias atrocities.Recall that in April, as part of the Extraordinary Revenue Acceleration ERA initiative, the European Union transferred 1 billion euros to Ukraine.
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