Ukraine on Friday received €3 billion ($3.1 billion) from the European Commission as part of a major aid package pledged by the Group of Seven (G7) leading economies. The G7 and the European Union aim to provide Ukraine with a loan of $50 billion,

Ukraine has received the first tranche of €3 billion from the amount allocated by the European Union for a joint loan from the G7 to Ukraine, which will be repaid using proceeds from frozen Russian assets.

Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of a loan agreed by the Group of Seven members and backed by the earnings from frozen Russian sovereign assets,

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

The European Union is prepared to take a leading role in supporting Ukraine if U.S. backing wanes, EU chief diplomat Kaja Kallas said on Jan. 9 at Ramstein Air Base in Germany, German media outlet Tagesschau reported.

The European Union is ready to take the lead in supporting Ukraine. However, Europe hopes that elected US President Donald Trump will not stop supporting Ukrainians, states Top European Union diplomat,

Ukraine’s suspension of Russian gas transit through its territory is not a threat to EU energy security. However, the bloc’s member states should continue working towards their goal of becoming indepe

When asked about whether such a move caused any kind of emergency in Slovakia, European Commission spokesperson Anna-Kaisa Itkonen said that the Gas Coordination Group held talks last week and concluded that "there are no security supplies issues or concerns for the European Union following the end of the transit.

Ukraine has halted Russian gas supplies to European customers through its pipeline network, almost three years into Moscow’s all-out invasion of its neighbor