On February 24, President of the European Commission Ursula von der Leyen announced a €3.5 billion aid package for Ukraine. She announced this at the International Support for Ukraine Summit in Kyiv.
Ursula von der Leyen strongly condemned Russia’s full-scale invasion of Ukraine and emphasized that the Russian-Ukrainian war is “a central and consequential crisis for the future of Europe.” During her visit to Kyiv on the anniversary of the full-scale invasion, Ursula von der Leyen announced new support from the EU.
“Europe is here to strengthen Ukraine at this critical moment. I can announce that a new payment of 3.5 billion euros will be made to Ukraine in March,” Ursula von der Leyen said.
Ursula von der Leyen did not specify what exactly the EU will allocate the money for. According to her, the European Union and its member states have supported Ukraine with 134 billion euros since the beginning of the war.
In addition, with the help of the mechanism in Ukraine and the G7 loan, Ukraine’s budget deficit for the entire year 2025 was closed.
The President of the European Commission noted that the EU has prepared an ambitious energy security package. It is designed to ensure a sustainable and competitive energy system in Ukraine.
According to von der Leyen, by the end of 2026, the EU will fully integrate the electricity markets of Ukraine and Moldova with its market.
On February 24, the third anniversary of the full-scale Russian war, the EU also introduced a new package of sanctions against Russia. The restrictions affected Russian tankers of its shadow fleet, individuals and companies, aluminum production, and media.
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