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Aujourd’hui — 14 juillet 2025Flux principal
  • ✇Euromaidan Press
  • Europe launches new €500 million flagship fund for Ukraine after Russian attacks
    Ukraine to receive record-breaking financial aid package from EU and partners for recovery, energy, air defense, and agriculture. Prime Minister Denys Shmyhal has announced multi-billion euro agreements reached during the Ukrine Recovery Conference in Rome. On 10-11 July, Italy hosted the fourth Ukraine Recovery Conference. The event was dedicated to the country’s recovery and long-term reconstruction. brought together a broad and high-level international delegation of over 6,000 to 8,000 partic
     
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✇Euromaidan Press

Europe launches new €500 million flagship fund for Ukraine after Russian attacks

Par :Olena Mukhina
14 juillet 2025 à 15:16

Ukrainian Prime Minister Denys Shmyhal and the Acting US Special Representative for Ukraine's Economic Recovery, Richard Verma.

Ukraine to receive record-breaking financial aid package from EU and partners for recovery, energy, air defense, and agriculture. Prime Minister Denys Shmyhal has announced multi-billion euro agreements reached during the Ukrine Recovery Conference in Rome.

On 10-11 July, Italy hosted the fourth Ukraine Recovery Conference. The event was dedicated to the country’s recovery and long-term reconstruction. brought together a broad and high-level international delegation of over 6,000 to 8,000 participants from around 70 countries and 100 government delegations.

Among them is the creation of a new European Flagship Fund worth €500 million, set to launch in 2026 with a focus on energy and infrastructure investment.

In addition, under the Ukraine Facility, agreements have been signed for:

  • €1.8 billion in loan guarantees,
  • €580 million in grants,
  • and blended financing mechanisms.

Meanwhile, European Commission President Ursula von der Leyen, commenting on the deal, stated that the EU aims to unlock up to €10 billion in investments to “rebuild destroyed homes, reopen hospitals, support businesses, and ensure energy security.”

Switzerland has committed €5 billion for economic recovery efforts.

The European Investment Bank is providing Ukraine with:

  • €134 million for transport infrastructure,
  • and a €200 million loan to Ukrhydroenergo (with the first €120 million tranche) to help restore hydropower plants.

Separately, the UK is offering a $2.3 billion loan for Ukraine’s air defense needs. The funds will be used to procure weapons and defense materials from the UK. The loan has a 19-year term with a 6-year grace period.

Ukrainian farmers will also receive €50 million in grant aid.

Shmyhal added, “We’ve reached an agreement with the Council of Europe Development Bank to fund €100 million in housing certificates under the eRecovery program, and an additional €200 million loan to support internally displaced persons.”

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