EU Member States approved a new tranche of €3.5 billion in assistance to Ukraine for macro-financial stability and recovery, in Brussels on Monday.
The payment is part of the "facility for Ukraine," through which the EU has committed up to €50 billion in grants and loans to Kyiv between 2024 and 2027.
With this third tranche, Ukraine will have received nearly €20 billion under the facility since its inception one year ago.
The payments are conditional on Ukraine meeting certain requirements. The EU confirmed that Ukraine has implemented 13 expected measures in energy, border management, agricultural demining, and the development of a list of "strategic and essential" raw materials, according to a Council statement.
Regarding attempts for peace, the conditions presented by Russia "show they do not genuinely want peace," stated the EU’s foreign affairs chief, Kaja Kallas, upon her arrival at the EU foreign ministers’ meeting on Monday.
"What they present as conditions are all the ultimate goals they want to achieve through the war," she added, in response to press questions.
Vladimir Putin has set maximalist conditions for ending the conflict, including Ukraine’s cession of five regions annexed by Moscow, abandoning ambitions to join NATO, and dismantling the current Ukrainian government.
On Saturday, during a virtual summit organised by London, around thirty leaders of states and organisations supporting Ukraine decided to exert "collective pressure" on Russia, which they suspect wants to continue the war, in order to push for a suspension of hostilities.
