Ukraine must adopt the reforms agreed with the EU to receive the next tranche of approximately 3.7 billion euros
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The European Commission is preparing a new payment at the beginning of autumn, but this depends on the fulfillment of 12 conditions. One of the laws recently blocked in the Ukrainian Parliament is part of these requirements and must be adopted for the payment to proceed.
Ukraine must adopt a series of reforms agreed with the European Union for the next tranche of approximately 3.7 billion euros from the macro-financial assistance program to be paid at the beginning of autumn, the European Commission stated. The payment is linked to 12 conditions, and one of the laws recently blocked in the Ukrainian Parliament is among the requirements that must be met before the transfer can take place.
In short
The Commission intends to make a new payment of approximately 3.7 billion euros to Ukraine at the beginning of autumn.
The tranche is conditioned on the fulfillment of 12 requirements under the European macro-financial assistance program.
A recently blocked law in the Ukrainian Parliament is part of these conditions and must be adopted for the payment to continue.
The EU has already paid 3.2 billion euros, and the target for this year's program is 8.35 billion euros.
The Commission states that the law in question is important for mobilizing the necessary revenues for the Ukrainian budget.
The Commission is closely monitoring the debates in the Ukrainian Parliament, where several measures related to the reforms undertaken towards the EU have encountered difficulties. The European executive has specified that one of the laws under discussion is explicitly included among the conditions of the macro-financial assistance program and that its adoption is necessary for the next payment to be made.
The program has a target of 8.35 billion euros for 2026. Of this amount, 3.2 billion euros have already been transferred to Ukraine, and the Commission is preparing a second payment of approximately 3.7 billion euros for the beginning of autumn, provided that the requirements associated with the tranche are met.
In total, the next payment is linked to 12 conditions. The Commission did not present the complete list of these in the briefing but confirmed that the law at the center of journalists' inquiries is one of them and that its adoption is necessary before the transfer can be made.
The European executive emphasized that the measure also has a direct importance for Ukraine's public finances, as it contributes to mobilizing budget revenues. In the conditions where the war continues to generate very high financing needs, the state's capacity to collect revenues remains an important component of the reform program associated with European support.
Conditioning the payments means that the approval of an amount at the European level does not automatically lead to the transfer of funds. Tranches are released after verifying the stages and conditions set for the respective period, and legislative delays can affect the payment schedule.
The Commission has thus conveyed that it wishes to maintain the planned schedule for the beginning of autumn, but that Ukraine must continue the reforms undertaken for the transfer to take place. A videoconference between representatives of the Commission and the leadership of the Ukrainian government is scheduled for next week, and the requirements regarding reforms are expected to be among the topics discussed.
The macro-financial assistance provided to Ukraine combines financial support with the fulfillment of conditions regarding economic policy and reforms. Payments are made in tranches, following the assessment of the progress made by the Ukrainian authorities.
In the case of the next tranche of approximately 3.7 billion euros, the Commission has made it clear that the adoption of the legislation included among the 12 conditions is necessary before the planned payment for the beginning of autumn is made.
https://2eu.brussels/en/news/ukraine-must-adopt-the-reforms-agreed-with-the-eu-to-receive-the-next-tranche-of-approximately-37-billion-euros
Ukraine must adopt a series of reforms agreed with the European Union for the next tranche of approximately 3.7 billion euros from the macro-financial assistance program to be paid at the beginning of autumn, the European Commission stated. The payment is linked to 12 conditions, and one of the laws recently blocked in the Ukrainian Parliament is among the requirements that must be met before the transfer can take place.
In short
The Commission intends to make a new payment of approximately 3.7 billion euros to Ukraine at the beginning of autumn.
The tranche is conditioned on the fulfillment of 12 requirements under the European macro-financial assistance program.
A recently blocked law in the Ukrainian Parliament is part of these conditions and must be adopted for the payment to continue.
The EU has already paid 3.2 billion euros, and the target for this year's program is 8.35 billion euros.
The Commission states that the law in question is important for mobilizing the necessary revenues for the Ukrainian budget.
The Commission is closely monitoring the debates in the Ukrainian Parliament, where several measures related to the reforms undertaken towards the EU have encountered difficulties. The European executive has specified that one of the laws under discussion is explicitly included among the conditions of the macro-financial assistance program and that its adoption is necessary for the next payment to be made.
The program has a target of 8.35 billion euros for 2026. Of this amount, 3.2 billion euros have already been transferred to Ukraine, and the Commission is preparing a second payment of approximately 3.7 billion euros for the beginning of autumn, provided that the requirements associated with the tranche are met.
In total, the next payment is linked to 12 conditions. The Commission did not present the complete list of these in the briefing but confirmed that the law at the center of journalists' inquiries is one of them and that its adoption is necessary before the transfer can be made.
The European executive emphasized that the measure also has a direct importance for Ukraine's public finances, as it contributes to mobilizing budget revenues. In the conditions where the war continues to generate very high financing needs, the state's capacity to collect revenues remains an important component of the reform program associated with European support.
Conditioning the payments means that the approval of an amount at the European level does not automatically lead to the transfer of funds. Tranches are released after verifying the stages and conditions set for the respective period, and legislative delays can affect the payment schedule.
The Commission has thus conveyed that it wishes to maintain the planned schedule for the beginning of autumn, but that Ukraine must continue the reforms undertaken for the transfer to take place. A videoconference between representatives of the Commission and the leadership of the Ukrainian government is scheduled for next week, and the requirements regarding reforms are expected to be among the topics discussed.
The macro-financial assistance provided to Ukraine combines financial support with the fulfillment of conditions regarding economic policy and reforms. Payments are made in tranches, following the assessment of the progress made by the Ukrainian authorities.
In the case of the next tranche of approximately 3.7 billion euros, the Commission has made it clear that the adoption of the legislation included among the 12 conditions is necessary before the planned payment for the beginning of autumn is made.
https://2eu.brussels/en/news/ukraine-must-adopt-the-reforms-agreed-with-the-eu-to-receive-the-next-tranche-of-approximately-37-billion-euros
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