Ukraine May Receive an Investment Package from the EU for €6.5 Billion

by Anastasiia Lieberman
Monday, October 11, 2021
1 MIN

The official size of the investment program for Ukraine will become known during the upcoming Ukraine-EU summit

On the eve of the summit, an EU official, on condition of anonymity, shared with reporters that an investment package of €6.5 billion will be launched, which will help Ukraine stimulate public-private investment in the economy. He also added that the decision has already been made.

However, this does not mean that the EU has received such a significant amount. The investment plan will be developed according to the format that is valid for all the states of the Eastern Partnership and provides grants, loans, and, above all, bank guarantees, which, according to the EU's expectations, will attract almost ten times the amount of investment.

The exact amount of loans, guarantees, and grants has not yet been announced in the EU. As another EU representative said, the investment plan for the entire Eastern Partnership, announced in June, was distributed, and the components for different countries were separated from it.

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