The EU Allocates €2.5 Bln to Ukraine

by Olha Povaliaieva
Tuesday, November 22, 2022
The EU Allocates €2.5 Bln to Ukraine

On November 22, Ursula von der Leyen announced the provision of macro-financial assistance to Ukraine

"The EU Commission is disbursing a further €2.5 billion for Ukraine. We are planning €18 billion for 2023, with funding disbursed regularly. For urgent repairs and fast recovery leading to a successful reconstruction. We will keep on supporting Ukraine for as long as it takes," Ursula von der Leyen.

Prime minister of Ukraine Denys Shmyhal thanked the head of the European Commission and vice president Valdis Dombrovskis.

"The EU stands side by side with Ukraine until victory. Today the European Union provided €2.5 billion of macro-financial assistance. Another powerful step of solidarity. I am grateful to Ursula von der Leyen and Valdis Dombrovskis for supporting Ukraine in difficult times," Denys Shmyhal.

We remind you that earlier, it was reported that the European Commission's plan to provide monthly support to Ukraine starting from 2023. The funds will be used to ensure the stability of Ukraine's economy.

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