Ukraine has received the eighth tranche of macro-financial assistance from the European Union, worth about $1.08 billion. Ukrainian Ministry of Finance announced on September 10 that the funds, transferred directly to the state budget, come from profits generated by frozen Russian sovereign assets.
The money will be used to cover priority budget needs such as social programs, healthcare, and defense spending.
“Today’s tranche is another step in ensuring stability for the Ukrainian state in the face of Russia’s ongoing war,” Finance Minister Serhii Marchenko said. He stressed that continued cooperation with European partners is critical for sustaining Ukraine’s economy.
Prime Minister Yulia Svyrydenko underlined the political and strategic weight of the move. “This is more than aid – it is a clear signal: Europe is decisively strengthening Ukraine’s defense and resilience against massive missile attacks and attempts at destabilization,” she said. She added that the funds mean “lives saved, cities rebuilt and a secure European future for Ukraine.”
Since the start of 2024, Ukraine has received roughly $10.8 billion from the EU under this mechanism, with additional disbursements planned until the end of 2025. The program foresees annual transfers of about $3.24 billion.
The EU’s total contribution is expected to reach nearly $19.6 billion as part of a broader $50 billion four-year plan under the Extraordinary Revenue Acceleration initiative, which uses returns from immobilized Russian central bank assets.
