The EU and its Member States together have so far committed approximately €72 billion in support for Ukraine and its people, based on the most recent figures provided by the European Commission (see Figure 1). That includes financial, humanitarian and military support. From that €72 billion, around €50 billion is provided from or guaranteed by the EU budget. That €50 billion has been drawn from nearly all headings of the EU budget, but mainly from Heading 6, Neighbourhood and the world. The remaining amount has been provided by the Member States. The additional €50 billion ‘Ukraine Facility’, proposed by the European Commission on 20 June 2023 for the years 2024 to 2027 just before the 2023 Ukraine Recovery Conference on 21-22 June in London is not yet included in those figures. If adopted, the new facility would bring Team Europe’s total support for Ukraine and its people to €122 billion, and support from the EU budget alone for Ukraine and Ukrainian refugees to €100 billion.
The largest part of the €72 billion committed by the EU and its Member States for support to Ukraine and Ukrainian refugees consists of ‘macro-financial assistance’ (MFA), drawn from Heading 6 of the EU budget. The MFA totals €25.2 billion since the start of Russia’s full-scale invasion and consists of highly concessional loans that cover Ukraine’s immediate funding needs, such as for essential state functions and public services. Of that €25.2 billion, €7.2 billion was made available in 2022. The first exceptional MFA in 2022 is guaranteed up to 70 % by the EU budget. For the following MFA in 2022, the Commission earmarked 9 % of the total loan value as provisions, while an additional 61 % is guaranteed bilaterally by the Member States.
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