3 billion euro support from Europe to Ukraine

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The EU Commission announced that it has sent 3 billion euros of the 18 billion euro macro financial aid package planned to be given to Ukraine this year.

The European Union (EU) gave financial support to Ukraine. The EU Commission announced that 3 billion euros of the 18 billion euro macro financial aid package planned to be given this year to Ukraine, which is at war with Russia, was sent today. In the statement, it was stated that within the scope of the package, salaries and pensions will be paid in Ukraine, basic services such as hospitals and schools will continue, and the displaced will be offered shelter. Pointing out that the support will help ensure economic stability in Ukraine, it was noted that the country will support the repair of critical infrastructure in the country, such as energy infrastructure, water systems, transportation networks, roads and bridges, which were destroyed by Russian attacks.

A TOTAL OF 18 BILLION EURO WILL BE GIVEN In the statement, drawing attention to the fact that the support offers flexible and convenient borrowing conditions due to the current conditions in Ukraine, it was stated that Ukraine will repay the said loans for 35 years, starting from 2033. In December, EU countries approved the aid package, which includes granting a total of 18 billion euros to Ukraine in 2023. The EU can provide macro-financial supports to the countries in its immediate vicinity in times of economic crisis. EU financial aid includes more favorable payment terms than the loans that the country in question can normally obtain from the markets.



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