Wednesday, the European Commission adopted the first Annual Report of the Ukraine Facility, confirming that the Facility is delivering at speed.
In 2024 alone, the Commission mobilized 19.6 billion euros across all three pillars of the Facility: Support to Ukraine through the Ukraine Plan, Ukraine Investment Framework and Union accession assistance and related support measures.
The EU support has, among others, helped Ukraine pay salaries and pensions, sustain schools and hospitals, and preserve macro-financial stability under wartime conditions.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.