The state budget of Ukraine has received 3 billion euros from the European Union as part of the "G7" ERA initiative. In total, the EU will provide 18 billion euros.
This was announced by Prime Minister Denys Shmyhal on Telegram.
"This is the first tranche of funds from the European Union, backed by revenue from frozen Russian assets," he wrote.
According to him, Ukraine will direct this resource towards priority budget expenditures.
Shmyhal noted that the G7 ERA initiative aims to allocate 50 billion dollars to Ukraine, with 20 billion dollars being provided by the European Union.
"In this way, we are implementing the principle 'Russia will pay' and strengthening Ukraine's financial resilience in 2025," he added.