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EU to provide Ukraine with €18 billion in financial assistance for 2023, says von der Leyen | EuroNews - Oct. 21, 2022 |

European Commission President Ursula von der Leyen announced that the EU is set to provide Ukraine with up to €18 billion in financial assistance throughout 2023 to cover the basic budgetary needs of the war-torn country.

"It is very important for Ukraine to have a predictable and stable flow of income," von der Leyen said at the end of two-day meeting of EU leaders in Brussels.

Ukrainian President Volodymyr Zelenskyy said earlier this month his country will need around $55 billion (€56 billion) to sustain next year's budget deficit and repair damaged infrastructure.

The International Monetary Fund (IMF) has estimated that, for 2023, Ukraine will need between €3 billion to €4 billion in foreign aid on a monthly basis to keep its public services running ...

'Sapere aude'
by Oui (Oui) on Tue Jan 24th, 2023 at 06:13:23 PM EST

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