EU ambassadors unanimously approved the allocation of €18B to Ukraine

The Czech Presidency of the Council of the European Union noted on December 13, 2022, on Twitter that EU leaders unanimously agreed on a package of financial assistance to Ukraine in the amount of 18 billion euros.

Source: The Czech Presidency of the Council of the European Union, the Finance Minister of the Czech Republic Zbyněk Stanjura

“Ambassadors in principle unanimously approved a financial support package to provide Ukraine with €18 billion in 2023. The Czech Presidency of the Council of the European Union keeps its promise to help Ukraine stand up to Russia and the EU remains united,” noted the Czech Presidency of the Council of the European Union on Twitter.

In addition, a minimum tax of 15% was agreed upon for large companies. Hungary was also allowed to use EU funds in the amount of 5.8 billion euros, if Budapest fulfills 27 preconditions.

“The aim is to provide short-term financial relief, financing Ukraine’s immediate needs, rehabilitation of critical infrastructure and initial support towards sustainable post-war reconstruction, with a view to supporting Ukraine on its path towards European integration,” said the Finance Minister of the Czech Republic Zbyněk Stanjura.


See also: European Parliament voted to provide Ukraine with 18 billion euros


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