“We are providing humanitarian support and macro-financial assistance to keep the Ukrainian state afloat.”

In total, 9.5 billion euro’s have been mobilised by Europe so far, with up to 8 billion euro’s in additional macro-financial assistance in the pipeline,” Borrell said in his EU External Action blog.The financial aid covered a range of sectors, with 2.5 billion euro’s going to military aid, 2.2 billion to macro-financial assistance, 620 million to budget support, 335 million to humanitarian aid, 330 million to emergency assistance packages for internally displaced people, health care, infrastructure.

Additionally, one billion euro’s was allocated as a loan from the European Bank for Reconstruction and Development to support refugees, alongside 1.5 billion euro’s and 668 million euro’s in loans from the European Investment Bank.