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European Commission President Ursula von der Leyen and President Volodymyr Zelensky give a joint press conference following their talks in Kyiv on Nov. 4, 2023, amid the Russian invasion of Ukraine. (Anatolii Stepanov/AFP via Getty Images)
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Ukraine will receive a new tranche of 3.5 billion euros ($3.7 billion) from the European Union in March, European Commission President Ursula von der Leyen announced on Feb. 24 at the international Support Ukraine summit in Kyiv.

Von der Leyen's statement came during her official visit to Kyiv on the third anniversary of Russia's full-scale invasion of Ukraine.

"Europe is here to strengthen Ukraine in this critical moment. I can announce that a new 3.5 billion euros ($3.7 billion) payment for Ukraine will arrive already in March," von der Leyen said.

In 2025, the EU is expected to provide Ukraine with 35 billion euros ($36 billion) in financial assistance under the G7 Extraordinary Revenue Acceleration (ERA) credit initiative and the Ukraine Facility program.

The European bloc pledged to contribute 18.1 billion euros ($19 billion) to the G7-backed $50 billion loan for Ukraine, which will be repaid by proceeds from Russian assets.

The EU and its member states have provided 134 billion euros ($140 billion) in support to Ukraine since the all-out war began, more than any single country, according to von der Leyen.

"Thanks to our Ukraine Facility and the G7 loan, we have closed Ukraine's budgetary gap for the entire year 2025," she stressed.

On Jan. 10, Ukraine received 3 billion euros ($3 billion) from the EU, the first tranche of loans from the bloc funded by proceeds of frozen Russian assets.

EU officially adopts 16th package of sanctions against Russia
The new measures, announced on the third anniversary of the all-out war, target Russia’s “shadow fleet” of oil tankers, banks, aluminum imports, and other sectors.

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Three years of Russia's full-scale war: a conversation with Rob Lee.

The Kyiv Independent’s Francis Farrell sits down with Rob Lee, former U.S. marine infantry officer and senior fellow at the Foreign Policy Research Institute’s Eurasia Program. They discuss the evolving battlefield realities as Russia’s war on Ukraine enters its 4th year and why peace negotiations are unlikely to bring results any time soon.
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Boris Johnson backs Trump's deal on Ukraine's natural resources.

"The deal should be signed," Boris Johnson said, speaking at the YES conference event held in Kyiv by the Victor Pinchuk Foundation on Feb. 24, the third anniversary of the Russian full-scale invasion. "It commits the U.S. to a free and sovereign Ukraine. A continued American support is well worth the price for Ukraine."
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EU to provide Ukraine with $3.7 billion tranche in March.

"Europe is here to strengthen Ukraine in this critical moment. I can announce that a new 3.5 billion euros ($3.7 billion) payment for Ukraine will arrive already in March," European Commission President Ursula von der Leyen said.
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