The European Commission President Ursula von der Leyen noted on October 21, 2022, during the Press conference EUCO in Brussels that Ukraine could expect to receive 18 billion euros next year to meet basic needs.
Source: The European Commission President Ursula von der Leyen
The President of the EU Commission reminded that earlier macro-financial assistance for Ukraine in the amount of 9 billion euros was agreed upon, which would be partially allocated by the end of this year. As of now, since the beginning of this year, the European Union has supported Ukraine in the amount of 19 billion euros.
According to her, today at the meeting of EU leaders, attention is more focused on the next year.
“Ukraine needs our support for as long as it takes, starting with the needs for next year. We discussed how to meet Ukraine’s increasing needs, and tasked finance ministers to develop the appropriate mechanism,” said Ursula von der Leyen.
Ursula von der Leyen noted that according to the assessment of the European side, as well as according to the information received from the government of Ukraine, the country would need from 3 to 4 billion euros per month to cover basic needs next year. This amount, according to the President of the European Commission, will be jointly financed by the European Union, its partners and friends in the USA, and international financial institutions.
“So the discussion touched on the allocation of 1.5 billion euros per month for Ukraine, which will be financed by the European Union. In total, this amounts to 18 billion euros during the next year. This is the amount that Ukraine can count on, which will be a stable and predictable flow of income.”
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