European Commission disburses EUR 2.5B in aid to Ukraine

European Commission disburses EUR 2.5B in aid to Ukraine

Ukrinform
European Commission President Ursula von der Leyen has announced the allocation of a further EUR 2.5 billion in macro-financial assistance to Ukraine.

She wrote this on Twitter, Ukrinform reports.

"The European 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," the tweet reads.

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Von der Leyen earlier said the European Commission intended to present a program of emergency macro-financial assistance for Ukraine, contributing up to EUR 1.5 billion a month, totaling up to EUR 18 billion. This assistance should be stable and predictable and will partially satisfy the needs for ensuring the stability of the Ukrainian state.

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