“ Together with the new, fifth tranche within the framework of the Ukraine facility in the amount of 1.35 billion euros, the European Union will also pay Ukraine almost 600 million euros for the reform that Ukraine had to carry out earlier. Source: draft decision of the EU Council, which is at the disposal of “European Truth” Details: On November 4, the EU Council will approve the fifth tranche of funding for Ukraine under the Ukraine Facility. The ambassadors of the EU states in Brussels approved the granting of the fifth tranche to Ukraine in the amount of 1.351 billion euros. However, Ukraine will receive a larger amount, according to the draft decision. The European Commission will also transfer part of the previous, fourth tranche to the Ukrainian government at the same time. In the draft decision, the Council of the EU states “satisfactory fulfillment (by Ukraine) of the conditions for the partial payment of the fourth and fifth tranches in the amount of 1,949,400,399 euros, of which 597,494,240 euros corresponds to the fourth tranche, and 1,351,906,159 euros corresponds to the fifth tranche. The amount of almost 600 million euros corresponds to the part of the financing which The EU promised Ukraine to implement the reform of the Asset Recovery and Tracing Agency (known as ARMA). As EuroPravda reported, in July the president signed the law on the management of frozen assets of ARMA, which led to the resignation of the toxic head of this agency, Olena Duma. However, the so-called “Ukraine Plan”, which provides for European funding of the Ukrainian budget, predicted that this law would be adopted in the first According to the EU rules, in case of a delay of more than a year, Ukraine can receive the funds provided for in the 2nd quarter of 2025, for which Ukraine will receive 1.351 billion euros This quarter, we were “fined” for the failure to implement two reforms: the review of the judges’ integrity and the reform of the executive proceedings. Otherwise, the project of the EU, supported by the member states, states that “Ukraine continues to support and respect effective democratic mechanisms and the rule of law, as well as to guarantee the observance of human rights, including the rights of persons belonging to minorities”, as this is a basic requirement for continued funding. As reported, on November 4, the EU will approve the fifth tranche of funding for Ukraine under the Ukraine Facility. For details on how the Ukraine Facility works, read the article “The Price of Undone Reforms”.”, — write: www.pravda.com.ua
Source: the draft decision of the Council of the EU, which is at the disposal of “European Pravda”
Details: On November 4, the EU Council will approve the fifth tranche of funding for Ukraine under the Ukraine Facility. The ambassadors of the EU states in Brussels approved the granting of the fifth tranche to Ukraine in the amount of 1.351 billion euros.
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However, Ukraine will receive a larger amount, according to the draft decision.
The European Commission will also transfer part of the previous, fourth tranche to the Ukrainian government at the same time. In the draft decision, the Council of the EU states “satisfactory implementation (Ukraine) conditions for partial payment of the fourth and fifth tranches in the sum 1,949,400,399 eurosof which EUR 597,494,240 corresponds to the fourth tranche and EUR 1,351,906,159 corresponds to the fifth tranche.
The amount of almost 600 million euros corresponds to the part of the funding that the EU promised to Ukraine for the implementation of the reform of the Asset Recovery and Tracing Agency (known as ARMA).
As EuroPravda reported, in July the president signed the law on the frozen assets management agency ARMA, which led to the resignation of the toxic head of this agency, Elena Duma. However, the so-called “Ukraine Plan” within the framework of the Ukraine Facility, which provides for European financing of the Ukrainian budget, predicted that this law would be adopted as early as the first quarter of 2025.
According to EU rules, in case of implementation of reforms according to the “Ukraine plan” with a delay of no more than a year, Ukraine can receive the provided funds in full.
It should be noted that not all of the reforms of the 2nd quarter of 2025, for which Ukraine will receive 1.351 billion euros, have been implemented. The fifth tranche should amount to almost 2 billion euros; thus, almost a third of these funds will be withheld by the EU until Ukraine catches up with the schedule.
In this quarter, we were “fined” for not implementing two reforms: changes regarding the revision of judges’ declarations of integrity and their verification, and the reform of the digitalization of executive proceedings. Ukraine has until the end of the 2nd quarter of 2026 to implement them; otherwise, the funds will “burn”.
Also, the draft EU decision, previously supported by member states, states that “Ukraine continues to support and respect effective democratic mechanisms, including a multi-party parliamentary system and the rule of law, as well as guarantee respect for human rights, including the rights of persons belonging to minorities,” as this is a basic requirement for continued funding.
As reported, on November 4, the EU will approve the fifth tranche of funding for Ukraine under the Ukraine Facility.
For details on how the Ukraine facility works, read the article “The price of undone reforms”.