Written by Tim Peters and Jakub Przetacznik with Ana Luisa Melo Almeida.
In response to Russia’s full-scale war of aggression against Ukraine, which started in February 2022, the European Union (EU) and its Member States have provided unprecedented financial, military and humanitarian support to Ukraine. According to European Commission figures, Team Europe, consisting of the EU and its Member States, has made available around €150 billion in support to Ukraine. This support encompasses macro-financial assistance, financial support through the Ukraine Facility, humanitarian aid and military assistance from Member States and the European Peace Facility, as well as support to Ukrainian refugees in the EU.
The overall support of Team Europe for Ukraine is now greater than the support provided by the United States (US), except in terms of military support allocation. However, Team Europe has provided 83 % of the tanks and 76 % of the air defence systems given to Ukraine since the start of the full-scale war.
The disbursement of EU payments under the Ukraine Facility is conditional on Ukraine implementing the Ukraine Plan – an ambitious reform and investment plan drafted by Ukraine’s government and endorsed by the EU. The Commission and the Ukrainian government publish updates on the progress of the reforms and on the disbursal of payments.
In addition to the Ukraine Facility, the G7 have agreed upon a further €45 billion loan, with €18.1 billion to be financed by the EU. For this purpose, a Ukraine Loan Cooperation Mechanism has been established, which uses extraordinary revenues originating from Russian sovereign assets immobilised in the G7 member states to repay loans and associated interest costs. The rights, responsibilities and obligations provided for under the Ukraine Facility will apply to the G7 loan to ensure seamless management of both. The European Parliament has repeatedly called for confiscating the immobilised Russian sovereign assets to finance further support for Ukraine and the country’s reconstruction, instead of just relying on extraordinary revenues. International financial institutions, such as the International Monetary Fund, play a key role in addressing external financing needs and supporting the country’s macroeconomic stability.
Read the complete briefing on ‘State of Play: EU support to Ukraine‘ in the Think Tank pages of the European Parliament.
EU Member States’ total bilateral and EU budget contributions to Ukraine, 2022–2025, in € billion and as a % of GNI Team Europe financial, humanitarian and military support for Ukraine, February 2022 to May 2025, in € billionWritten by Alessandro D’Alfonso, Martin Höflmayr and Giulio Sabbati.
The EU’s trade-dependent economy faces uncertainty from global trade policy shifts, prompting calls to strengthen domestic demand. Economic growth forecasts for the years ahead have been downgraded, reflecting this uncertainty. Anticipatory trade to avoid US tariffs peaked in March 2025, as EU exports to the US rose by 59 % in the first quarter of 2025, but has subsided since. The final phase of the Next Generation EU recovery instrument is expected to support public investment and economic activity, but EU countries must step up efforts – in some cases significantly – to ensure full implementation of their national recovery and resilience plans by 31 August 2026.
Read this infographic on ‘Economic Outlook Quarterly: Fragmented trade, untapped potential at home‘ in the Think Tank pages of the European Parliament.
RRF milestones and targets still to be assessed GDP growth in the EU