France, Jan. 15 -- Around two-thirds of the funds, about €60 billion euros, will be used to support Kyiv's military, while the remaining €30 billion euros will cover general budget needs, including public sector salaries and energy subsidies.

The European Commission said it hopes to make the first paymentin April, pending approval from the European Parliament and EU member states.

"With this support, Ukraine can bolster its defence on the battlefield while keeping the state and basic services running," EU Commission President Ursula von der Leyen told reporters in Brussels on Wednesday.

She said the funds would primarily finance weapons and equipment produced in Ukraine or within the EU, a move designed to sustain Europe's ...