EU to provide €9 billion tranche of macro-financial assistance for Ukraine
By the end of the year, the European Union will send Ukraine a tranche of macrofinancial aid worth €9 billion. But EU leaders are already thinking about how to guarantee stable financing of Ukraine’s basic needs worth €3–4 billion per month. It will be done in collaboration with American partners and other international financial institutions. According to the Ukrinform correspondent, Ursula von der Leyen, President of the European Commission, said this during a press conference following the conclusion of the second day of the European Council.
“Let me concentrate on the finances of Ukraine. We decided to provide Ukraine with €9 billion in macrofinancial support, which would be dispersed over the course of the year. The EU has given Ukraine support in the sum of €19 billion since the year’s commencement. However, because it is crucial for Ukraine to have a predictable, dependable, and constant influx of cash, the debate today focused more on next year,” added von der Leyen.