European Commission on Wednesday released the details of 18 billion euros (over $18 billion) economic support package To pass Ukraine until 2023, which it hopes will be approved by EU member states.
Under the plan, the block will be sent Kyiv 1.5 billion euros per month in the form of 35-year loans with Interest payments covered by the EU, to support Ukraine government in The face of Russians invasion.
We offer this new financial package for Ukraine at a time of urgent needs for In the country, where relentless Russian attacks continue to strike key “Infrastructure,” said the deputy head of the commission, Valdis Dombrovskis.
“our financial Aid must be stable, orderly and predictable.”
loan package You’ll still need the approval of EU member states, some of who was skeptical about taking it on the responsibility for Ukraine is growing debtbut the European Commission hopes to make first Pay in January.
mass has already Ukraine sent 4.2 billion euros in precise-financial help this year And the plans To pay another 2.5 billion by the end of This month.
But the International Monetary Fund estimates that Kyiv will need Between 3 billion and 4 billion euros per month next year Because she struggles to preserve it government Services during combat off Russian invasion which occupied nearly five of its lands.
Brussels hopes its contribution will be matched by Washington and another pioneer international Donors to bring support to me required level.
“we will ensure Ukraine emerges from this war as a prosperous country, on The path for European integration. We will stand by Ukraine for “As long as it takes,” said European Commission President Ursula von der Leyen.
