The commission’s unified funding approach unlocked: More concessional macro-financial assistance

Key Points

• Since 2023, the European Commission has operated a Unified Funding Approach, through which it funds all its financial assistance instruments.

• The Unified Funding Approach has allowed the Commission to extend loans with maturities of up to 40 years to third countries. • In its support to Ukraine, the EU has added further grant elements by waiving interest rates and loan administration costs.

• Such concessional terms are unprecedented, showcasing how the Commission has been transformed not just as a borrower, but as a regional financial stability provider.