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The EU approved! New 4.2 billion euro for Ukraine's economy

Earlier it was reported that the European Union is ready to financially compensate the United States' withdrawal from a long-negotiated multilateral agreement to provide Ukraine with a $50 billion loan to support its fight against Russia

Dec 9, 2024 17:36 105

The EU approved! New 4.2 billion euro for Ukraine's economy  - 1

Ukraine will soon receive another 4.2 billion euros in funds after European Union member states approved the planned payment of the money, the EU Council announced on Monday.

The money, which is part of the EU mechanism for Ukraine, will help Ukraine's economy as the country continues to fight against Russia.

Earlier it was reported that the European Union was ready to financially compensate the United States for withdrawing from a long-negotiated multilateral agreement to provide Ukraine with a $50 billion loan to support its fight against Russia.

Speaking at an event marking Poland's upcoming presidency of the EU Council last week, Pawel Karbovnik, Poland's deputy finance minister, stressed that "there is a risk that Donald Trump will withdraw from the $50 billion deal".< /p>

It comes after US House Speaker Mike Johnson on Wednesday rejected a request by the outgoing Joe Biden administration to include $24 billion in Ukraine-related aid in a spending bill that Congress must pass by 20 December.