Ukraine
EU mobilizes additional €50 million for Ukraine's urgent winter energy needs
The European Commission, together with the European Investment Bank, has provided an additional €50 million to Ukraine's state-owned energy company, Naftogaz. It will support the country's energy system amidst the harshest winter conditions since the start of the war. In the face of ongoing Russian attacks targeting Ukraine's energy infrastructure and sharply dropping temperatures, this funding will help ensure heating and energy supply for households, critical services and businesses across the country.
Enlargement Commissioner Marta Kos (pictured) said: “The news coming from Ukraine every morning is horrific. What Russia is doing is state terror. This is beyond war. People are freezing to death. Many are fleeing Kyiv and other cities. The EU has worked closely with Ukraine to stabilise the energy system, but the scale of Russian attacks is such that Ukraine urgently needs more. This €50 million emergency loans is one of many additional measures. We are looking into all possible options to help Ukrainians.”
This additional loan provided through the Ukraine Facility reinforces Europe's response to Ukraine's most pressing energy needs. It brings the EU's total support for emergency gas purchases for winter 2025-2026 to €977m.
In parallel, Naftogaz is pledging to reinvest an amount equivalent to this financing into renewable energy and decarbonisation projects, ensuring that immediate energy security goes hand in hand with our shared long-term green transition objectives.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Kazakhstan cuts water use by 874 mln m³ through new technologies
Record breaking Belgian sailors making more waves
Serbia’s business environment is driving its integration into the EU
New EU rules on pay transparency explained
Message to Kemi Badenoch: 'Make a splash by thinking out-of-the-box on UK-Europe relationship'
Western investors eye Russian assets again as sanctions discounts persist
Give your career a real take off
Europe's peripheral and maritime regions 'combine many territorial assets', meeting told
The G7 has a critical minerals plan, but it is missing a development chapter
How European businesses are rethinking customer support in the AI era
Latest financial report by Corinthia Hotel owners, IHI, raises questions over financial stability
Paying ISIS to keep a cement plant running: How a major French company financed one of the world's most brutal terrorist groups
Bach in Brussels
President approves Digital Qazaqstan national strategy
Who will win the 2026 World Cup? Data points to Spain
Renew Europe adopts Cork Declaration: A road map for prosperity, security and reform
Kazakhstan reforms under scrutiny at Brussels Press Club round table
Japan should face up to history and contribute more to regional peace
Ambassador calls for 'speeding up' of co-operation between EU and Kazakhstan
Timur Turlov at Smart Moves Summit 2025: How chess can transform global education
Shevtsova’s case: Out-of-court sanctions dismantling trust in Ukrainian cause
The future of European transport
Trump Vs Trueman
US 'no longer' an 'unconditional ally' for Europe - MEP
-
Kazakhstan5 days agoKazakhstan cuts water use by 874 mln m³ through new technologies
-
Belgium5 days agoRecord breaking Belgian sailors making more waves
-
General4 days agoSerbia’s business environment is driving its integration into the EU
-
Gender equality5 days agoNew EU rules on pay transparency explained