The European Commission intends to provide a new package of financial assistance to support Ukraine. This was announced on Monday by EC President Ursula von der Leyen,
Ukraine , Ukraingate , 24 , January , 2022 | Ukraine News
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“Today, I am announcing a new package of financial assistance to the country, consisting of both emergency loans and grants. First, the Commission is proposing a new package of emergency macro-financial assistance (MFA) of 1.2 billion euros,” said von der Layen.
According to the head of the European Commission, this package will help Ukraine meet its funding needs amid the conflict. The European Commission hopes that the Council and the European Parliament will adopt this emergency package as soon as possible.
“Then we will start paying the first tranche of 600 million euros quickly. In addition, we will soon start work on the second, longer-term IFI program to support the country’s modernization efforts. Second, this year the Commission will almost double bilateral assistance to Ukraine. grants: another 120 million euros will be allocated. This support will strengthen Ukraine’s efforts to build state and increase sustainability, “von der Leyen said.
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In addition, the European Commission will continue to invest in the future of Ukraine through an investment plan for the country, the EC head said. According to her, the plan is aimed at attracting more than 6 billion euros.
“Let me clarify once again: Ukraine is a free and sovereign country. It makes its own choice. The EU will continue to stand by it,” the European leader said.
Let’s add
Last week, President Volodymyr Zelensky discussed the situation around Ukraine and energy security with European Commission President Ursula von der Leyen.
According to the President’s press service, “Zelensky thanked the President of the European Commission for the financial support provided by the EU to Ukraine. The directions of its enlargement were discussed.”
Source: Ukrgate