First payments under new EUR 50 bln support mechanism for Ukraine to begin in March – von der Leyen

11:38, 06.02.2024 1 min read

Head of the European Commission Ursula von der Leyen announced the start of payments under the new financial instrument for Ukraine, Ukraine Facility, for March of this year.

"Last night's political agreement on the EUR 50 billion Ukraine Facility is a major step forward. Europe is true to its word. We will continue to deliver much-needed funding and predictability for our brave partner and aspiring member. We aim to start payments in March," von der Leyen said on the social media X on Tuesday.