EU sends Ukraine €1 billion as part of major G7 aid package
The European Union on Friday transferred another €1 billion ($1.2 billion) to Ukraine as part of a large aid package pledged by the Group of Seven G7 leading democratic economies.
"We are with Ukraine for the long haul," European Commission President Ursula von der Leyen wrote on X.
The money is a loan that is to be repaid with interest earned from frozen Russian state assets held in the European Union.
The G7 plans to provide a total of around €45 billion in new aid payments to Ukraine by 2027.
The EU is providing €18.1 billion of this, with the latest payment bringing its contribution for the year so far to €7 billion.
Ukraine has been defending itself against a full-scale Russian invasion for more than three years with Western support.
The group — comprising Canada, the United States, Germany, France, the United Kingdom, Italy, Japan and the EU — is set to meet for its next summit in Canada on Monday.
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