{"id":1233091,"date":"2025-10-11T17:24:00","date_gmt":"2025-10-11T14:24:00","guid":{"rendered":"https:\/\/uatv.ua\/?p=1233091"},"modified":"2025-10-11T12:25:16","modified_gmt":"2025-10-11T09:25:16","slug":"ukraine-to-receive-additional-e8-4-billion-under-era-mechanism-by-year-end-dombrovskis","status":"publish","type":"post","link":"https:\/\/uatv.ua\/en\/ukraine-to-receive-additional-e8-4-billion-under-era-mechanism-by-year-end-dombrovskis\/","title":{"rendered":"Ukraine to Receive Additional \u20ac8.4 Billion Under ERA Mechanism by Year-End \u2013 Dombrovskis"},"content":{"rendered":"\n

Financing for Ukraine under the ERA loan mechanism<\/strong>, which involves the G7 countries and the European Union, is proceeding as planned, with an additional \u20ac8.4 billion<\/strong> expected to be disbursed by the end of the year.<\/p>\n\n\n\n

That\u2019s according to EU Commissioner for Economy and Productivity Valdis Dombrovskis<\/strong>, who spoke at a press briefing following the EU Council meeting on Economic and Financial Affairs<\/strong> in Luxembourg.<\/p>\n\n\n\n

\n

\u201cAs for Ukraine\u2019s financing, this year we are on track. The implementation of the existing ERA loans is progressing well, as G7 partners and the EU have already disbursed \u20ac25.3 billion. We expect another \u20ac8.4 billion to be paid by the end of the year,\u201d
\u2014 emphasized Dombrovskis.<\/p>\n<\/blockquote>\n\n\n\n

He recalled that EU sanctions<\/strong> aim to maximize pressure on Russia\u2019s war economy<\/strong>. The 19th sanctions package<\/strong> targets further restrictions on Russia\u2019s revenues from energy exports, limits its access to advanced technologies, and closes loopholes in the sanctions regime.<\/p>\n\n\n\n

During the meeting, EU ministers mainly discussed the European Commission\u2019s proposal for a \u201creparations loan\u201d<\/strong> to Ukraine \u2014 financed by the frozen assets of Russia\u2019s Central Bank<\/strong>. Ukraine would only have to repay it once Russia pays reparations for the damages caused by its war.<\/p>\n\n\n\n

\n

\u201cFollowing President (Ursula) von der Leyen\u2019s remarks at last week\u2019s informal European Council in Copenhagen, we had a constructive discussion and clarified several key issues. Based on this, the Commission will continue intensive technical work with Member States to move this forward,\u201d
\u2014 Dombrovskis said.<\/p>\n<\/blockquote>\n\n\n\n

He added that the EU continues close cooperation with international partners. The G7 finance ministers<\/strong> recently reaffirmed their readiness to use the full amount of frozen Russian assets<\/strong> in their jurisdictions \u2014 a signal that, as Dombrovskis put it, \u201cwe are all on the same page.\u201d<\/p>\n\n\n\n

\n

\u201cRussia is the aggressor and must compensate for the damage inflicted on Ukraine,\u201d
\u2014 stressed the EU Commissioner.<\/p>\n<\/blockquote>\n\n\n\n

Earlier, on October 1<\/strong>, the European Commission disbursed the ninth tranche of \u20ac4 billion<\/strong> in macro-financial assistance to Ukraine, reaffirming the EU\u2019s commitment to the ERA loan initiative<\/strong>, for which \u20ac6 billion<\/strong> had already been pledged by the EU.<\/p>\n\n\n\n

ERA loans from G7 partners and the EU<\/strong> will ultimately be repaid using frozen Russian assets held in Europe<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Financing for Ukraine under the ERA loan mechanism, which involves the G7 …<\/p>\n","protected":false},"author":67,"featured_media":1233092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38,49,36418,36415],"tags":[78],"sources":[],"class_list":["post-1233091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-uk","category-news-en","category-11473-news-en-2","category-11473-news-en","tag-homepage-en"],"acf":[],"yoast_head":"\nUkraine to Receive Additional \u20ac8.4 Billion Under ERA Mechanism by Year-End \u2013 Dombrovskis - Freedom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uatv.ua\/en\/ukraine-to-receive-additional-e8-4-billion-under-era-mechanism-by-year-end-dombrovskis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine to Receive Additional \u20ac8.4 Billion Under ERA Mechanism by Year-End \u2013 Dombrovskis - 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