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The European Union will present a more logical mechanism for financial assistance to Ukraine Russian news EN

Bloomberg: EU will offer a natural mechanism for providing financial assistance to Ukraine

European Commission intends to propose a new, more logical mechanism for providing financial assistance Ukraine in the amount of 18 billion euros (more than 1.1 trillion rubles), informs Bloomberg.

“The plan will provide a sustainable basis for covering Ukraine’s finances in 2023 while maintaining the flexibility to adjust aid in line with changing funding needs. The plan will also help set the stage for reconstruction efforts.

According to the publication, this decision was made in connection with complaints Washington and Kyiv on delays in assistance to Ukraine from European Union. Ukraine will receive soft loans to help the country meet its changing needs, restore its infrastructure, and provide initial support for post-war reconstruction.

Previously President France Emmanuel Macron on the sidelines of the 27th Climate Conference UN in Egypt urged Ukraine to return to peace talks with Russia and expressed his conviction that that moment would come.

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