EU to provide EUR 1.5 billion to Ukraine in the coming days - von der Leyen

EU to provide EUR 1.5 billion to Ukraine in the coming days - von der Leyen

This will allow Kyiv to create a financial cushion in early 2024 before the disbursement of the main funds

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EU to provide EUR 1.5 billion to Ukraine in the coming days - von der Leyen

The European Commission will allocate another €1.5 billion to Ukraine in the coming days under existing arrangements.

Source. This was stated by European Commission President Ursula von der Leyen at a press conference after the EU summit in Brussels, BBC reports.

According to her, these funds will allow Kyiv to create a financial cushion in early 2024 before the allocation of the main funds from the €50 billion package.

Background. As reported, EU leaders will hold the next summit on the allocation of 50 billion euros from the EU budget to Ukraine in January, as Hungary has disrupted the EU agreement, Dutch Prime Minister Mark Rutte said.

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