Today, the President of the European Commission, Ursula von der Leyen, unveiled a new €2.3 billion package of agreements with international and bilateral public financial institutions to support Ukraines recovery. This demonstrates the EUs steadfast commitment to Ukraines recovery and future within the EU.
The new package includes €1.8 billion in loan guarantees and €580 million in grants under the Ukraine Investment Framework. It is expected to mobilize up to €10 billion in investments in Ukraine.
Additionally, President von der Leyen announced a new European Flagship Fund for the Reconstruction of Ukraine with an initial capital of €220 million, aiming to mobilize €500 million by 2026. This fund will foster the development of a private equity ecosystem in Ukraine.
The President stated: “Today, the EU reaffirms its role as Ukraines strongest partner. Not just its top donor, but a key investor in its future. With €2.3 billion in agreements signed, we aim to unlock up to €10 billion in investments to rebuild homes, reopen hospitals, revive businesses, and secure energy. This is solidarity in action. Ukraine is moving closer to the EU every day.”
Stepping Up EU Investment in Ukraines Future
Todays agreements include:
- Supporting SMEs: €500 million in guarantees and grants to help Ukraines small businesses, including start-ups and those employing veterans and displaced persons.
- Mobilizing Strategic Investments: €600 million for large-scale private sector projects in key sectors like energy, transport, and manufacturing.
- Rebuilding Cities and Communities: €520 million for municipal infrastructure in war-affected areas.
- Energy Security and Green Transition: €265 million to stabilize Ukraines energy grid.
- Critical Infrastructure: €310 million to repair and rebuild critical infrastructure, including housing and hospitals.
With the launch of these new investment programs, total EU commitments under the Ukraine Investment Framework now amount to €5.7 billion, expected to leverage over €18 billion in investments.
Delivering Budgetary Stability to Ukraine
The European Commission also announced its proposal for the fourth disbursement under the Ukraine Facility, expected in August, worth up to €3.05 billion.
In parallel, the Commission is disbursing €1 billion today under the sixth installment of the EUs €18.1 billion Macro-Financial Assistance (MFA) package to Ukraine, which is to be fully paid out by the end of 2025.
Closer Links with Ukraine
While the EU is taking steps to support Ukraines recovery and reconstruction efforts, it is also strengthening the countrys institutions and promoting long-term sustainability. This years conference is an opportunity to showcase key initiatives to reinforce Ukraines capacities.
The EU is also supporting Ukraines cultural and educational development, as well as its path to EU integration. A new Team Europe initiative will implement over 60 coordinated actions to protect cultural assets.
Background
This Ukraine Recovery Conference 2025, held in Rome on July 10-11, aims to keep the international focus on Ukraines recovery. This years conference marks the fourth edition in a series of annual political events dedicated to Ukraines swift recovery and long-term reconstruction after the war.
For More Information
Webpage on EU support for Ukraine
Factsheet on EU solidarity with Ukraine
Webpage on the Ukraine Investment Framework
Factsheet on the European Flagship Fund for the reconstruction of Ukraine