Ukraine receives 2.9 billion euros from EU after passing reforms

• Ukraine received 2.9 billion euros ($3.3 billion) from the EU on Oct. 2.
• The payment was approved by the European Commission on Sept. 23.
• The reforms are part of the Ukraine Plan, linked to EU membership.
• Approved reforms include changes to judges' integrity declarations and a new electricity market operator.
• More reforms are expected on Oct. 12, potentially unlocking over 20 billion euros ($23 billion) in support for 2026.

Ukraine received 2.9 billion euros ($3.3 billion) from the European Union on Oct. 2, following the successful implementation of several key reforms. The disbursement is part of the broader Ukraine Plan, a reform agenda designed to advance Ukraine's bid for EU membership, improve state institutions, and secure financial aid.

European Commission President Ursula von der Leyen stated that the payment demonstrates "concrete support" and "European solidarity," emphasizing that Europe will stand by Ukraine "for as long as it takes." The EU had greenlit the payment on Sept. 23.

Ukrainian President Volodymyr Zelensky described the support as "very timely," crucial for ensuring the country's macro-financial stability and strengthening its defense capabilities. The disbursement follows discussions between EU and Ukrainian officials regarding Ukraine's 2026 financial outlook, with Kyiv reaffirming its commitment to agreed-upon reforms.

Among the reforms that unlocked this tranche of funding were changes to judges' integrity declarations, the appointment of a new electricity market operator, a plan to address the gender pay gap, and new traffic safety laws. Prime Minister Serhii Koretskyi highlighted the critical need for continued funding and the government's efforts to expedite the passage of necessary legislation.

Further reforms are anticipated when the Ukrainian parliament reconvenes on Oct. 12, which could unlock more of the over 20 billion euros ($23 billion) allocated for 2026.