26.5 C
Accra
Monday, December 23, 2024
WorldEU to give Ukraine 1.5 billion euros next year

Date:

EU to give Ukraine 1.5 billion euros next year

The European Union will send Kyiv 1.5 billion euros each month in 2023 to assist Ukraine in its struggle against Russia’s invading soldiers, according to the bloc’s leader.

European Commission President Ursula von der Leyen said that the EU had given Ukraine 19 billion euros this year. “It is very important for Ukraine to have a predictable and stable flow of income,” she said, adding that Kyiv estimated its monthly needs at 3-4 billion euros “for the basics.”

The EU chief told a news conference the EU would finance 1.5 billion euros per month of that, with the rest expected to come from the United States and international institutions.

“That will give a total of 18 billion for the next year – an amount Ukraine can count on and where there is a stable and reliable, predictable flow of income.”

 

[forminator_poll id="710479"]

Latest stories

U.S. Financial Analyst labels Akufo-Addo as Ghana’s worst, corrupt leader

Renowned U.S. financial analyst Scott Bolshevik has sparked a...

Lead-based paints cause lasting health damage – EPA

The Environmental Protection Agency (EPA) has voiced concerns over...

Upper West Region receives 35,600 condoms in effort to curb HIV spread

The Ghana AIDS Commission distributed 35,600 condoms in the...

Star Oil commemorates 25th anniversary

Star Oil, a privately-run fuel retail company, has reaffirmed...

Govt has not issued financial clearance for new expenses – Govt’s transition team

The Government Transition Team clarified that no financial clearance...

‘Your career has not come to an end when you leave a record label’ – Sefa

Ghanaian musician Sefadzi Abena Amesu, popularly known as Sefa,...

More than 12,000 Ghanaians were deported globally in last four years – GIS

The Ghana Immigration Service (GIS) has reported that over...

Related stories

Biden grants full pardon to son Hunter amid criminal sentencing

US President Joe Biden has granted a full and...

Court issues 2-year suspended death sentence to former Bank of China Chair for bribery, others

Former Bank of China chairman Liu Liange on Tuesday received...

Ghanaians among UN peacekeepers injured in Southern Lebanon attacks

The UN peacekeeping force in southern Lebanon has reported...

Russia denies Trump told Putin to restrain Ukraine war efforts

The Kremlin has rejected media reports suggesting that US...

More than 100 detained as protesters defy Amsterdam’s ban on protests

Dozens of pro-Palestinian protesters were arrested in Amsterdam on...

Traffic jam erupts as cyclists from Zhengzhou to Kaifeng for dumplings

A social media trend that began as a lighthearted...

Adin Ross wins $1.6m on Trump election bet after public endorsement

American streamer and social media influencer Adin Ross scored...