Approved by the Third Part of EU Financial Assistance to Ukraine
The EU Council has announced that it has approved the third assistance with an amount of € 1.5 billion for Ukraine.
According to RCO News Agency, the EU Council issued a statement today (Monday) that the country will soon receive about € 1.5 billion after the approval of the third installment of financial and grants to Ukraine as “Ukraine Facilities”.
The main purpose of these facilities is to support macro financial stability and recover, rebuild and renovate Ukraine.
The EU said in a statement: “With the third installment, Ukraine will receive nearly € 5 billion since the implementation of” Ukraine Facilities “in the past year.
Ukraine’s facilities, which have been implemented on March 1, are a central tool in the EU’s strategy to address the multifaceted challenges facing Ukraine during the war with Russia.
It covers a dedicated support mechanism for years 1 to 2 and offers a maximum of € 5 billion sustainable and predictable financial support to Ukraine.
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