Von der Leyen: EU disburses €3.2bn to Ukraine, drone funding will follow shortly

European Commission President Ursula von der Leyen announced on Thursday 25 June the disbursement of the first €3.2 billion tranche of macro-financial assistance from the EU's €90 billion loan to Ukraine and said funding for drone production will begin shortly.

Source: Ursula von der Leyen at the Ukraine Recovery Conference in Gdańsk, as reported by European Pravda

Details: According to von der Leyen, the EU and its member states have provided Ukraine with around €200 billion in assistance since the start of Russia's full-scale invasion.

"Today, we are transferring the first tranche under this loan, €3.2 billion in macro-financial assistance," von der Leyen said.

She also announced that in the coming days, the EU will begin transferring funds from a €6 billion package earmarked for drone production in Ukraine.

"This is solidarity in action," von der Leyen said.

Background: In May, President Volodymyr Zelenskyy signed the Loan Agreement and Memorandum of Understanding under which Ukraine is to receive €90 billion in financial assistance from the EU.

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