December 22, 2024
Zelensky: Ukraine expects the first tranche from the EU within the G7 loan in January 2025 thumbnail
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Zelensky: Ukraine expects the first tranche from the EU within the G7 loan in January 2025

“Thank you for the new EU macro-financial assistance of 18.1 billion euros within the G7 loan. We are expecting the first tranche already in January 2025””, — write: www.radiosvoboda.org

President Volodymyr Zelenskyi announced that he had a meeting with the President of the European Commission Ursula von der Leyen on December 19. The meeting took place against the background of the EU summit in Brussels.

According to him, the parties discussed priorities in the work of the new European Commission and Ukraine’s accession to the EU.

“We talked separately about the use of frozen Russian assets for Ukraine’s needs. Thank you for the new EU macro-financial assistance of 18.1 billion euros within the G7 loan. We expect the first tranche already in January 2025,” he said.

Zelensky also noted the personal efforts of Ursula von der Leyen for the sake of unity in the EU around Ukraine.

“The joint position of Ukraine and all other European countries is important for bringing a just peace closer,” the president added.

Von der Leyen called 2025 “critically important” for Ukraine and its partners.

“We will support Ukraine’s economic stability with more than 30 billion euros of EU support for the next year,” she said.

Read also: Callas: premature progress of negotiations will be a “bad deal” for Ukraine

On December 4, Ukraine signed a Memorandum of Understanding and a credit agreement between Ukraine and the European Union to attract up to 35 billion euros of macro-financial assistance. These funds are part of the G7 initiative regarding the mechanism of additional loans to increase revenues to the budget of Ukraine.

Each of the participants in the loan for Ukraine – the United States, the European Union, the United Kingdom, Canada and Japan – provides its own loan, the repayment and maintenance of which will be carried out at the expense of excess profits received from frozen Russian assets.

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