17.03.2025 17:40
The European Union Council has approved a €3.5 billion aid package for the stability and reconstruction of Ukraine. The Prime Minister of Ukraine stated that this decision demonstrates Europe's strategic support.
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The European Union (EU) Council announced that the decision for the third regular payment under the plan to provide 50 billion Euros in financial support to Ukraine by 2027 has been accepted by the member states.
UKRAINE HAS MET THE NECESSARY CONDITIONS The statement indicated that Ukraine has fulfilled the necessary conditions and reforms to receive approximately 3.5 billion Euros in funds. It was noted that the EU will support Ukraine's macro-financial stability, economic recovery, and reconstruction, and with the third payment, the country will have received about 20 billion Euros under the Ukraine Fund, which came into effect a year ago. The statement reminded that the Ukraine Fund will provide stable financing of 50 billion Euros in the form of grants and loans for the period of 2024-2027.
Ukrainian Prime Minister Denis Shmyhal "EU COUNTRIES ARE STRENGTHENING OUR RESILIENCE" Ukrainian Prime Minister Denis Shmyhal stated in a post on his social media account that the decision made by the EU Council is another proof of Europe's strategic support for Ukraine. Shmyhal said, "EU countries are strengthening our resilience and accelerating European integration. Today, Ukraine is not only fighting for its freedom but also shaping the future of a strong and united Europe."
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