The Council of the European Union will provide Ukraine with 1 billion euros of macro-financial assistance to support the economy in wartime conditions.
Source: Minister of Finance of the Czech Republic Zbynek Stanjura
The corresponding decision was supported by the ministers of the European Union.
“The continuation of material and financial aid is not an option, but our duty. Therefore I am very pleased that we have fast-tracked the decision to provide € 1 billion of macro-financial assistance. This will give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure.”
Together with the emergency MFA of € 1.2 billion disbursed earlier this year, the total macro-financial support from the EU to Ukraine since the start of the war now reaches € 2.2 billion and it is expected to increase further in the coming months. This financial assistance complements other EU support to Ukraine in the humanitarian, development, customs and defence fields.
See also: The EU has frozen the assets of the Russian Federation in the amount of 13.8 billion euros
