EU to set aside $54.65 billion for Ukraine – von der Leyen

Update EU to set aside $54.65 billion for Ukraine – von der Leyen
Ursula von der Leyen, the EU’s chief executive, said the 50-billion-euro budget reserve will provide perspective and reliability to the bloc’s Ukrainian partners. (AP)
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Updated 20 June 2023
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EU to set aside $54.65 billion for Ukraine – von der Leyen

EU to set aside $54.65 billion for Ukraine – von der Leyen

BRUSSELS: The European Union’s chief executive, Ursula von der Leyen, on Tuesday unveiled an aid package for Ukraine worth 50 billion euros ($54.65 billion).

The figure comes after a review of the bloc’s 2021-27 budget and ahead of an international conference in London this week aimed at raising more funds to rebuild Ukraine from its war with Russia.

The 50-billion-euro budget reserve will provide perspective and reliability to the blocs Ukrainian partners, von der Leyen said in remarks to journalists after an EU commission meeting in Brussels.