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EU finally approves four-year €50 billion plan for Ukraine

Feb 28, 2024

On February 28, the Council of the European Union approved the mid-term budget review until 2027, which also includes the establishment of the Ukraine Facility, a four-year assistance plan worth 50 billion euros.

This was reported by the EU Council and the Ministry of Finance of Ukraine.


The decision of the Council of the European Union is the last step to approve changes to the EU's medium-term budget. They will come into force after publication in the Official Journal of the EU, which should happen in the next few days.

Author - Olena Madiak, 28/02/2024

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