EU provides €6 billion to Ukraine

- 13 November, 12:22
Stock photo: Getty Images

The European Union has announced almost €6 billion in budget support for Ukraine.

Source: European Commission President Ursula von der Leyen during a speech in the European Parliament on 13 November 2025, as reported by European Pravda

Details: Von der Leyen said that it is a moment for the EU to come with a "new impetus" to unmask Kremlin leader Vladimir Putin's "cynical attempt to buy time and bring him to the negotiation table".

Quote: "We must continue to raise the cost of war for Russia, also because the scars [of war – ed.] are becoming more and more obvious and visible in the Russian economy by now."

More details: She announced assistance for Ukraine under the ERA Loans mechanism and the Ukraine Facility.

Quote: "We will disburse today almost €6 billion under the ERA Loan and the Ukraine Facility to Ukraine. And this is why I very much welcome the European Council's very clear commitment… to cover Ukraine's financial needs for the next two years."

More details: Roksolana Pidlasa, Head of the Budget Committee of the Verkhovna Rada (Ukrainian parliament), has recently said that Ukraine will receive €4.1 billion via ERA Loans and €1.9 billion via the Ukraine Facility.

Background:

  • In September, Ukraine received another €1 billion tranche of macro-financial assistance from the European Union under the G7's Extraordinary Revenue Acceleration (ERA) initiative.
  • The European Commission has also recently proposed a plan that would allow EU governments to use up to €185 billion – most of Russia's sovereign assets currently frozen in Europe – to support Ukraine without confiscating them.
  • Approval of the plan has stalled over concerns in Belgium, where most of these Russian assets are held.
  • The European Union has stated that the issue of using frozen Russian assets to support Ukraine remains on the agenda, with a final decision expected in December.

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