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€1.3 Billion European Commission Package Proposed For Ukraine

EU

The European Commission has proposed an up to €1.3 billion package of loans and grants for Ukraine to '... address its financing needs due to the conflict.'


  • The funding needs to be greenlit by EU member states and the European Parliament calling into question how quickly the EU money could get to Ukraine.
  • President of the European Commission Ursula von der Leyen said the commission could immedietelly begin “the rapid disbursement €600 million” if granted consent by EU members.
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