The European Commission has put forward a proposal to provide Ukraine with a 9 billion euro macro-financing

The European Commission has put forward a proposal to provide Ukraine with a 9 billion euro macro-financing

The European Commission has offered to provide Ukraine with new macrofinancial assistance worth up to 9 billion euros.

 

This was announced by European Commission President Ursula von der Leyen.

 

"We propose to supplement the significant short-term assistance provided so far with a new exceptional macrofinancial assistance for Ukraine of up to 9 billion euros in 2022," the European Commission said in a statement on its website.

 

The European Commission president also said that the EU has a responsibility in leading Ukraine's reconstruction efforts, and reconstruction principles should combine investment with reforms.

 

"It must be a forward-looking plan that fully reflects the needs identified by Ukraine. The plan will address key reforms in areas such as anti-corruption, administrative soundness, the rule of law and judicial independence. And this must be firmly anchored in the green and digital transition and fundamental European values," she said.

 

Von der Leyen added that the EU is proposing a reconstruction platform as part of this plan, which is led by Ukraine and the European Commission and brings together EU member states, other bilateral or international donors, international financial institutions and other like-minded actors.

 

"The goal of this platform would be to agree on the direction of travel and to maximize the synergy of all efforts. These investments would help Ukraine come out stronger and more resilient after the devastation caused by Putin's soldiers," she said.





The European Commission has offered to provide Ukraine with new macrofinancial assistance worth up to 9 billion euros.

 

This was announced by European Commission President Ursula von der Leyen.

 

"We propose to supplement the significant short-term assistance provided so far with a new exceptional macrofinancial assistance for Ukraine of up to 9 billion euros in 2022," the European Commission said in a statement on its website.

 

The European Commission president also said that the EU has a responsibility in leading Ukraine's reconstruction efforts, and reconstruction principles should combine investment with reforms.

 

"It must be a forward-looking plan that fully reflects the needs identified by Ukraine. The plan will address key reforms in areas such as anti-corruption, administrative soundness, the rule of law and judicial independence. And this must be firmly anchored in the green and digital transition and fundamental European values," she said.

 

Von der Leyen added that the EU is proposing a reconstruction platform as part of this plan, which is led by Ukraine and the European Commission and brings together EU member states, other bilateral or international donors, international financial institutions and other like-minded actors.

 

"The goal of this platform would be to agree on the direction of travel and to maximize the synergy of all efforts. These investments would help Ukraine come out stronger and more resilient after the devastation caused by Putin's soldiers," she said.