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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.

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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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