The European Union distributes new aid to Ukraine

The European Union distributes new aid to Ukraine

EU Commission President Ursula von der Leyen informed Ukrainian President Zelensky about a new aid package worth 18 billion euros.

The aid is planned to be given in monthly installments of 1.5 billion euros each, the EU Commission announced. In the telephone conversation that the President of the EU Commission, Ursula von der Layen, had with the Ukrainian President Zelensky, it was said that the loans will make a “significant contribution” to the financial needs of Kyiv for 2023.

The funds will also support Ukraine to implement further reforms on its way to EU membership.

Zelensky announced on Twitter that he had spoken with von der Leyen about financial support for the current year and next year. Another topic was the export of grain from Ukraine via the Black Sea as a contribution to global food security.

A deal brokered by the United Nations and Turkey in July, which aims to secure grain exports from Ukraine, is initially valid until November 19, and Russia has left open its extension.