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European Commission working on а four-year funding plan for Ukraine

Jun 2, 2023

The European Commission is working on a four-year funding plan for Ukraine worth tens of billions of euros.


This is reported by the Financial Times, Ukrinform reports.

According to the publication's interlocutors, the EC has begun working on a proposal that will help cover Ukraine's financial needs until 2027.

The financial plan also aims to encourage other allies, such as the United States and the United Kingdom, to provide similar long-term commitments to Ukraine.

It is noted that the EC's proposals are still being developed and could be ready as early as this month, possibly on the eve of the Ukraine Recovery Conference scheduled for June 21-22 in London.

Author - Serhii Kolomiets, 02/06/2023

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