The EU disburses the first tranche of EUR 4.5 billion from the 50 billion fund to Ukraine

The EU disburses the first tranche of EUR 4.5 billion from the 50 billion fund to Ukraine

Kyiv  •  UNN

March 20 2024, 11:11 AM • 25617 views

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

- said the President of the European Commission in X.

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.

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