EU Approved Allocation Of Ukraine 3.5 Billion Euros

The countries of the European Union approved the provision of financial support to Ukraine in the amount of about 3.5 billion euros.

According to the EU Council, this decision was made as part of the plan for the provision of 50 billion euros until 2027.

The statement notes that Ukraine has complied with the necessary conditions and reforms for obtaining these funds. The European Union emphasized that support is aimed at ensuring macrofinance stability, economic restoration and reconstruction of the country.

Given the third tranche, Kyiv will already receive about 20 billion euros in the framework of the Ukrainian Foundation created a year ago.

In total, from 2024 to 2027, Ukraine will receive 50 billion euros in the form of grants and loans.