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Changes from plenary report to adopted text

A-10-2024-0006 → TA-10-2024-0021

From
A-10-2024-0006 Plenary report of 15 Oct 2024
To
TA-10-2024-0021 Adopted text of 22 Oct 2024
Changes
Not comparable
Paragraphs
+7 added · −68 removed · 3 changed
More facts (3)
Dossier
2024/0234(COD)
Title (from)
on the proposal for a regulation of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine
Title (to)
Establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine
Cite Link to this page

These two texts have too little in common to be compared paragraph by paragraph (under 15 % of their paragraphs match): they are different documents rather than versions of one — for example a group’s motion and the joint text that was adopted.

Every difference

The full paragraph comparison, packaging included; long runs of unchanged paragraphs are folded. One part of the text per page.

Part 2 of 4: EXPLANATORY STATEMENT

Change 1

RemovedEXPLANATORY STATEMENT

AddedP10_TC1-COD(2024)0234

RemovedThe ongoing war of aggression by Russia has significantly increased Ukraine’s financial needs. To address these challenges, both the European Union (EU) and the international community are being called upon to provide additional funding.

AddedPosition of the European Parliament adopted at first reading on 22 October 2024 with a view to the adoption of Regulation (EU) 2024/… of the European Parliament and of the Council establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine

RemovedIn response, the European Commission has put forward a legislative proposal aligned with a G7 initiative. This proposal aims to utilize the extraordinary revenues from immobilized Russian assets to cover Ukraine's urgent financial needs. Specifically, the proposal seeks to establish the Ukraine Loan Cooperation Mechanism (ULCM), which will enable Ukraine to service and repay loans of up to €45 billion. These loans will be repaid using the windfall profits generated from frozen Russian assets. The EU’s proposed macro-financial assistance (MFA) includes an amount of up to €35 billion, intended to support Ukraine's immediate financing needs. This assistance will be delivered in a predictable, long-term, and timely manner.

Added(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2024/2773.)

RemovedA key feature of this MFA is that Ukraine will not be required to repay the loan directly. Instead, repayments will be covered by windfall profits generated from interest accrued on immobilized Russian assets. Additionally, the terms of this loan will align with the conditions under the Ukraine Facility.

RemovedThe rapporteur emphasizes the importance of a swift procedure in order for the EU to adopt this proposal by the end of October 2024 to ensure that the MFA loan can be released by the end of 2024.

Sources & citation

Where the facts on this page come from, and how to cite it.

Permalink
https://news.eu-parl.st-solutions.dev/texts/A-10-2024-0006/compare/TA-10-2024-0021?all=1&part=2
Data source
Licensed CC BY 4.0.
Retrieved
29 September 2026

Cite as

European Parliament (2024). “Changes between A-10-2024-0006 and TA-10-2024-0021”. Text, 22 October 2024. from A-10-2024-0006, to TA-10-2024-0021, reference 2024/0234(COD). EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/texts/A-10-2024-0006/compare/TA-10-2024-0021?all=1&part=2 (retrieved 29 September 2026). Data: European Parliament Open Data, https://data.europarl.europa.eu/ (CC BY 4.0).
BibTeX 
@misc{epw-text-2024-10-22,
  author = {{European Parliament}},
  title = {{Changes between A-10-2024-0006 and TA-10-2024-0021}},
  year = {2024},
  date = {2024-10-22},
  howpublished = {\url{https://news.eu-parl.st-solutions.dev/texts/A-10-2024-0006/compare/TA-10-2024-0021?all=1&part=2}},
  url = {https://news.eu-parl.st-solutions.dev/texts/A-10-2024-0006/compare/TA-10-2024-0021?all=1&part=2},
  urldate = {2026-09-29},
  publisher = {EU Parl Watch Research},
  note = {Text. from A-10-2024-0006, to TA-10-2024-0021, reference 2024/0234(COD). Data: European Parliament Open Data (CC BY 4.0)}
}