Skip to content
Edit post

Politico: EU may provide Ukraine with 1.5 billion euros each month in 2023

by The Kyiv Independent news desk October 10, 2022 10:52 PM 1 min read
This audio is created with AI assistance

The European Commission is currently working on a plan to provide Ukraine with sufficient budgetary support for the next year – 1.5 billion euros per month, undisclosed sources told Politico.

Prime Minister Denys Shmyhal estimated Ukraine's budget gap to be around $3.5 billion per month next year, and the U.S. has already pledged to cover $1.5 billion per month.

The EU pledged 9 billion euros in macro-financial assistance to Ukraine in May; EU countries have backed 6 billion euros out of that sum, but so far, Ukraine has only received 1 billion euros from the block.

PM Shmyhal: Ukraine relies on partners to cover $38 billion budget deficit in 2023

News Feed

7:17 PM

Russia's crude exports fall to lowest level since February.

Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.