Dietmar Rabich
"The EU remains steadfast in its backing of Ukraine. We have given Ukraine an additional €1.5 billion in financial aid. Our overall aid to Ukraine now stands at around €83 billion with this latest payment. Furthermore, the European Commission has extended an offer of up to €50 billion for the ensuing years, up until 2027," stated European Commission President Ursula von der Leyen in her communiqué.
According to the paper, Ukraine has received €15 billion this year, including the most recent tranche of €1.5 billion. These monies are intended to meet the country's "urgent financing needs thanks to stable, predictable and significant financial support."
This support will enable Ukraine to maintain macroeconomic stability and rebuild vital infrastructure, such as energy, water supply systems, transportation networks, roads, and bridges. It will also help the country continue to pay salaries and pensions and provide basic public services like hospitals, schools, and housing for displaced people.
source: ec.europa.eu
According to the paper, Ukraine has received €15 billion this year, including the most recent tranche of €1.5 billion. These monies are intended to meet the country's "urgent financing needs thanks to stable, predictable and significant financial support."
This support will enable Ukraine to maintain macroeconomic stability and rebuild vital infrastructure, such as energy, water supply systems, transportation networks, roads, and bridges. It will also help the country continue to pay salaries and pensions and provide basic public services like hospitals, schools, and housing for displaced people.
source: ec.europa.eu