#32026D0480Council Implementing Decision (EU) 2026/480 amending Implementing Decision (EU) 2024/1447 as regards the additional financial contribution from Sweden to the Ukraine Facility
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This Council Decision adds SEK 2 billion (approximately EUR 170-180 million depending on exchange rate) as an additional non-repayable financial contribution from Sweden to the Ukraine Facility. The funds will be allocated specifically to the eighth quarterly instalment of the Ukraine Plan. It also adjusts the Annex of the previous decision to reflect the final euro value of Sweden’s earlier SEK 750 million contribution based on the actual exchange rate at the time of transfer. The contribution is treated as external assigned revenue managed by the European Commission under standard EU financial rules.
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Key Changes
- Adds SEK 2 000 000 000 additional non-repayable contribution from Sweden to Pillar I of the Ukraine Facility
- Contribution is allocated specifically to the eighth quarterly instalment of the Ukraine Plan
- Amount converted to EUR using official exchange rate at time of transfer by Sweden
+ 3 more changes with Pro
Obligations
What this law requires
Sweden must transfer SEK 2,000,000,000 as an additional financial contribution to the Ukraine Facility, with the euro equivalent determined by the official exchange rate at the time of transfer
Sweden must enter into a transfer agreement with the European Commission before the financial contribution can be made available to Ukraine
The European Commission must manage Sweden's financial contribution in accordance with procedures under Regulation (EU, Euratom) 2024/2509 and Regulation (EU) 2024/792
The eighth quarterly instalment of the Ukraine Plan must be adjusted to reflect the final euro amount of Sweden's SEK 2,000,000,000 contribution based on the official exchange rate at time of transfer
Disbursement of Sweden's financial contribution to Ukraine is conditional upon satisfactory fulfilment of relevant qualitative and quantitative steps specified in the Ukraine Plan