EU: The 90 billion euro loan will be implemented 'one way or another'
The European Commission announced a new immediate energy support package for Ukraine worth 100 million euros, emphasizing their ongoing significant financial and military assistance amidst the ongoing crisis.
In a press conference held in Kyiv, European Commission President Ursula von der Leyen announced a new immediate energy support package for Ukraine amounting to 100 million euros. This announcement was made alongside European Council President Antonio Costa and Ukrainian President Volodymyr Zelenskyy. The EU has already allocated nearly 200 billion euros in military and economic assistance to Ukraine, which is more than any other partner country. The financial aid reflects the EU's commitment to support Ukraine amidst its ongoing conflict and energy crisis.
The leaders highlighted that the 90 billion euro loan approved by the 27 member states will be realized "one way or another," with a focus on addressing urgent defense needs and bolstering the Ukrainian armed forces. This substantial commitment from the EU is aimed at ensuring that Ukraine can adequately respond to its defensive challenges while promoting stability in the region. The leaders' statements underscore the EU's role as a crucial ally in supporting Ukraine during this challenging period.
Additionally, the announcement included plans for a 920 million euro package aimed at stabilizing, restoring, and reconstructing the country's energy infrastructure, showcasing the EUβs proactive approach in tackling the critical needs of Ukraine as it navigates its socio-economic and security landscape. This comprehensive assistance from European leaders not only provides immediate support but also lays the groundwork for long-term recovery and resilience.