EU approves budget revision with 50 billion euros for Ukraine

EU approves budget revision with 50 billion euros for Ukraine

The European Parliament has approved the revision of the EU budget for 2021-2027, which includes the allocation of €50 billion in the form of a special Ukrainian fund. This was reported by the press service of the European Parliament.


In addition, the European Parliament approved an additional €10 billion for 2024-2027, supplementing the European Commission's proposal to allocate €65.8 billion.


Members of the European Parliament decided to increase budget items by €2 billion, taking into account recent issues such as Russia's conflict with Ukraine and migration problems.


In addition, an additional €3 billion were allocated to create a "strategic technology platform for Europe" and €5 billion to strengthen the EU's response to unforeseen crises.


The final decision was supported by 393 votes "for", 136 votes "against", and 92 abstentions.


"We are committed to stabilizing the situation in Ukraine with a new €50 billion program, while strengthening the EU economy. We are strengthening the budget by adding funds for migration and ensuring flexibility to respond to crises," said Jan Olbrycht, Eurosector from Poland.


Co-rapporteur Margarida Marques emphasized that the European Union plans to have sufficient funds until December 31, 2023 to support Ukraine and mitigate the socio-economic consequences of the war, as well as to fight inflation and rising living costs. 





The European Parliament has approved the revision of the EU budget for 2021-2027, which includes the allocation of €50 billion in the form of a special Ukrainian fund. This was reported by the press service of the European Parliament.


In addition, the European Parliament approved an additional €10 billion for 2024-2027, supplementing the European Commission's proposal to allocate €65.8 billion.


Members of the European Parliament decided to increase budget items by €2 billion, taking into account recent issues such as Russia's conflict with Ukraine and migration problems.


In addition, an additional €3 billion were allocated to create a "strategic technology platform for Europe" and €5 billion to strengthen the EU's response to unforeseen crises.


The final decision was supported by 393 votes "for", 136 votes "against", and 92 abstentions.


"We are committed to stabilizing the situation in Ukraine with a new €50 billion program, while strengthening the EU economy. We are strengthening the budget by adding funds for migration and ensuring flexibility to respond to crises," said Jan Olbrycht, Eurosector from Poland.


Co-rapporteur Margarida Marques emphasized that the European Union plans to have sufficient funds until December 31, 2023 to support Ukraine and mitigate the socio-economic consequences of the war, as well as to fight inflation and rising living costs.