The EU disburses the first tranche of EUR 4.5 billion from the 50 billion fund to Ukraine
Kyiv • UNN
The European Commission has allocated 4.5 billion euros from a 50-billion-euro fund for Ukraine.
The European Commission today allocated 4.5 billion euros to Ukraine from the 50-billion-euro Ukraine Facility, which is designed for four years, European Commission President Ursula von der Leyen said, UNN reports.
The European Commission has just disbursed €4.5 billion from the €50 billion Ukraine Facility
Von der Leyen made the statement during a press conference with Prime Minister Denys Shmyhal, who is in Brussels.
"And I am pleased to receive Ukraine's plan to increase investment and move closer to our Union," the European Commissioner said.