Wednesday, November 20
The European Parliament approves amendments to the EU budget and supports the allocation of €50B to Ukraine.
Wednesday, October 4, 2023
The European Parliament adopted a resolution in support of the European Commission’s proposals for revising the EU multi-year budget for 2021-2027 and creating a special Ukrainian fund. The resolution contains a separate section dedicated to providing long-term support for Ukraine.
“The European Parliament welcomes the European Commission’s proposal for a long-term structural solution for solving Ukraine’s financial needs and its binding to the EU budget, which will cover the support of macro-financial stability, the investment environment, and the financing of medium- and long-term recovery,” the document states.
In connection with the European Parliament’s decision, Prime Minister Denys Shmyhal noted that the Ukrainian government expects to receive €18B in aid from the EU in 2024.
