At the European Union summit, the finance ministers of the participating countries were instructed to develop a mechanism for allocating at least 18 billion euros to Ukraine in 2023. This was stated by the President of the European Commission, Ursula von der Leyen.
According to her, Ukraine is asking for financing in the amount of about 3-4 billion euros per month in order to have enough resources for basic needs. Moreover, this money should be provided by the USA, the European Union and financial institutions.
"So the discussion was about 1.5 billion euros per month for Ukraine, which will be financed by the European Union. This gives a total amount of 18 billion euros next year - an amount that Ukraine can rely on," said von der Leyen.
She also specified that the Ministers of Finance of the EU countries were instructed to develop the appropriate mechanism.
"But it is also important to send a signal to Ukraine that we know very well how important this reliable flow of income is," added the President of the European Commission.