Parliament approves the EU’s €35 billion contribution to the G7 plan to provide Ukraine with financial assistance of up to €45 billion. Parliament debates and votes on the new Macro-Financial Assistance (MFA) loan, which seeks to support Ukraine with up to €35 billion in the face of Russia’s brutal war of aggression. The MFA loan is the EU’s contribution to the G7 initiative, agreed last June, to provide Ukraine with up to $50 billion (approximately €45 billion). The extraordinary revenues generated from immobilised Russian Central Bank assets, facilitated by the newly established Ukraine Loan Cooperation Mechanism, will ensure this exceptional MFA loan is repaid, as well as loans from other G7 countries.

KARLSBRO, Karin (Renew, SE)

solidarity with Ukraine (T)

Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine: extracts from the debate

The European Parliament votes on establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine during the voting session in Strasbourg followed by the statement of Roberta METSOLA, President of the European Parliament, on the Ukraine Loan Cooperation Mechanism. This transcription is a result of an automatic process. Please check against delivery.

Vote on the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine, followed by a statement by Roberta METSOLA, EP President

The Parliament discusses the EU plan to lend Ukraine up to €35 billion to support the country in its defence against Russia. The loan is part of a G7 financial assistance package to be repaid through frozen Russian Central bank assets.

Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine: MEPs debate

Opening statements by Karin KARLSBRO (Renew, SE), Rapporteur, Janusz LEWANDOWSKI (EPP, PL) Vice Chair of the Committee on Budget of the European Parliament, and Didier REYNDERS, European Commissioner for Justice, ahead of the vote of the European Parliament on the EU’s €35 billion contribution to the G7 plan to provide Ukraine with up to €45 billion of financial assistance. Parliament debates and votes on the new Macro-Financial Assistance (MFA) loan, which seeks to support Ukraine with up to €35 billion in the face of Russia’s brutal war of aggression. The MFA loan is the EU’s contribution to the G7 initiative, agreed last June, to provide Ukraine with up to $50 billion (approximately €45 billion). The extraordinary revenues generated from immobilised Russian Central Bank assets, facilitated by the newly established Ukraine Loan Cooperation Mechanism, will ensure this exceptional MFA loan is repaid, as well as loans from other G7 countries.

Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine: Opening statements

EP Plenary session - Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

Closing statements by Didier REYNDERS, European Commissioner for Justice, and Karin KARLSBRO (Renew, SE), Rapporteur, following up on the plenary debate on the EU plan to lend Ukraine up to €35 billion to support the country in its defence against Russia. The loan is part of a G7 financial assistance package to be repaid through frozen Russian Central bank assets.

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