EU Commission plans to mobilize up to EUR 6.5B in investments to support Ukraine's economy

The European Commission is mobilizing up to EUR 6.5 billion in investments to support Ukraine's economy, EU Commissioner for Neighbourhood and Enlargement Olivér Várhelyi has said during his visit to Kyiv.

“In Kyiv today [January 26]: with President [Volodymyr] Zelensky I confirmed EU's continued commitment to Ukraine's sovereignty and territorial integrity + socio-economic resilience. We will mobilise up to €6.5 billion in investments to support economy, recovery, growth, starting with five flagship projects,” Várhelyi wrote on Twitter.

As Ukrinform reported, EU Commissioner for Neighbourhood and Enlargement Olivér Várhelyi is on an official visit to Ukraine on January 26-27 to express the EU's solidarity with Ukraine and present a package of economic support.

Earlier, speaking to members of the European Parliament's Foreign Affairs Committee and the Security and Defense Subcommittee on January 18, EU High Representative for Foreign Affairs and Security Policy Josep Borrell reaffirmed EU solidarity with Ukraine in the context of concentration of Russian troops near its borders and noted that Ukraine’s reforms and democratic development increase its resilience to external threats.

iy