(MENAFN) European Commission President Ursula von der Leyen reported, the European Commission plans to give Ukraine a fresh deal of financial backing that is estimated at USD1.3 billion.
Von der Leyen included in a tweet, “The EU stands by Ukraine. We are firm in our resolve. I am announcing a new financial assistance package, made of emergency loans and grants, to support Ukraine in the medium and long-term.”
As she mentioned, this backing will aid the nation “to address financing needs due to the conflict & support the country's resilience-building efforts.”
Von der Leyen also posted that the deal contains macro-financial aid of USD1.3 billion and an increase of two-sided help in 2022, with an additional USD135.5 million.
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