Commission: proposes additional loan of 9 billion euros for the reconstruction of Ukraine

THE Commission suggests disbursing more money for reconstruction of Of Ukraine and specifically to give the amount of 9 billion euros in the form of a loan. At the same time, he proposed the creation of the facility, “Rebuild Ukraine” Facility, for grants and loans, in the model of the Recovery Fund.

According to Reuters, the IMF appreciates them Needs of Ukraine around $ 5 billion per month for key functions and the EU expects the United States and Britain and Japan, which are also members of the G7, to contribute. The G7 will discuss the issue at a meeting in Bonn tomorrow Thursday and Friday.

“THE The EU will continue to provide short-term financial support in Ukraine in order to meet its needs and to continue the operation of basic services “, the President of the Commission stated characteristically Ursula von der Leyen.

“We are ready to take the lead in international reconstruction efforts to help rebuild a democratic and prosperous Ukraine. “This means that the investment will go hand in hand with reforms that will support Ukraine in pursuing its European path.”

Source: News Beast

You may also like