Financial and humanitarian aid for Ukraine

For 2023, the EU made another €18 billion available under the macro-financial assistance plus (MFA+) programme. The support provided under MFA+ is conditional upon progress and reforms in judicial independence, anti-corruption measures and the rule of law. The loans to Ukraine under the MFA+ programme will be guaranteed through the headroom of the EU’s 2021-2027 multiannual financial framework (MFF). The headroom is the difference between the own resources ceiling, the maximum amount of resources that the Commission can ask Member States to contribute in a given year, and the funds that the Commission actually needs to cover the expenses envisaged by the budget, i.e. the payments ceiling.
In addition to that direct EU support to the Ukrainian government, the Member States have made use of €17 billion of EU funds to help Ukrainian refugees who have fled to the EU. That €17 billion comprises unspent cohesion funds from the 2014-2020 period, such as React-EU, the European Regional Development Fund and the European Social Fund. That help for refugees has been complemented by another €288 million and €400 million under respectively Heading 2b, Resilience and Values, and Heading 4, Migration and Border Management. An additional €1.25 billion has been made available to the EU agricultural and maritime sector affected by the war.
Compared on a global level and based on numbers provided by the Ukraine Support Tracker of the Kiel Institute for the World Economy published on 24 February 2023, the EU and its Member States, together as ‘Team Europe’, are the largest contributor of financial and humanitarian aid for Ukraine, with approximately €42 billion. The United States follows with €28 billion, the European Bank for Reconstruction and Development (EBRD) with €6.9 billion, and Japan with €6.2 billion. At the Ukraine Recovery Conference in London, all major donors announced additional support for Ukraine. The Kiel Institute has announced it will be releasing new figures on 6 July 2023.
Team Europe is playing a pivotal role in providing support for Ukraine, the Ukrainian people and all those affected by the war.