The President of the European Commission, Ursula von der Leyenmoved this Sunday the President of Ukraine Volodymyr Zelensky the proposal to support “Ukraine’s reforms and its path to accession” to the European Union (EU). Exactly, the aid that the country will receive in 2023 will be a total of 18,000 million euros and it will do so through advantageous loans of 1,500 million monthly.
The European Commission reported in a statement on the telephone conversation this Sunday between the two leaders, focused on how “guarantee financial support to Ukraine in the coming months” due to the importance, recognized by both, of “ensuring predictable and regular financing of the essential functions of the State”.
“President von der Leyen informed President Zelensky that this week she would propose a major EU financial package of up to €1.5 billion per month, for a total of up to €18 billion, which would significantly contribute to meeting the financing needs of Ukraine by 2023,” the Commission said, as reported by the agency Eph.
“Sufficient resources”
The money would go to kyiv in the form of long-term loans on very favorable terms and covering interest costs, and the aim is to also serve “to support Ukraine’s reforms and its path to EU membership.”
The leaders of the Twenty-seven spoke at their last summit, two weeks ago, about the possibility of granting this monthly amount to Ukraine, which has told them that it needs approximately “3,000 to 4,000 million euros per month” to have “sufficient resources for the basics.”
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“The EU financial package would have to be accompanied by similar support from other major donors“, the Community Executive has specified this Sunday, which also confirmed “work in progress” to continue providing immediate humanitarian aidespecially during the winter, and that “the EU is ready to support Ukraine in the long term”.
In addition to this, the EU expects to continue disbursing this year from the 9,000 million macro-financial assistance promised to kyiv; Since the beginning of this year, the country has been given a total support in Europe of 19,000 million euros.
sanctions
In their conversation this Sunday, Von der Leyen and Zelensky also spoke of Ukrainian agricultural exports and the agreement on the Cereal Initiative for the Black Sea that Turkey and the United Nations have recently reached with Russia so that it continues to allow the exit of food through this route.
In addition, they also discussed plans to expand the capacities of the Solidarity Roads between the EU and Ukraine, used until now to transport the vast majority of Ukrainian exports – both agricultural and non-agricultural – since the beginning of the war.
[Rusia saquea Jersón y se lleva hasta los huesos de Grigori Potemkin]
Also, they tried the strengthening of sanctions against Moscow for the invasion, as well as the negative role played by Iran’s support to Russian aggression and how to respond.
