Ukraine received 120 million euros from the European Commission under the general financial assistance package.
Ukraine , Kyiv , 8 , April, 2022 | Ukraine News
Quote
“The European Commission has provided Ukraine with a grant of 120 million euros under the general package of emergency financial assistance to Ukraine, announced on January 24, 2022,” the statement said.
Details
According to the report, the funds provided to Ukraine on a gratuitous and non-refundable basis in accordance with the agreement signed by the parties on March 30, 2022 to finance the “Contract for State Building and Strengthening” will be directed to the general fund of the state budget to finance current expenditures. related to ensuring guaranteed social protection of citizens, the functioning of critical infrastructure and the security sector.
“I am grateful to the European Union and the European Commission for their unwavering support of the Ukrainian people, in particular for their deep understanding of the situation in Ukraine and prompt decision-making,” said Finance Minister Serhiy Marchenko.
Addition
The European Union has changed its legislation so that up to 17 billion euros of European funds can be redirected to help refugees in the wake of Russia’s war against Ukraine.
Source: Ukrgate