The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
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

10:01 PM

Musk denies US threat to cut Starlink over Ukraine minerals deal.

Billionaire entrepreneur Elon Musk has denied reports that the United States threatened to shut off Starlink in Ukraine unless Kyiv agreed to a minerals deal. Responding to a report by Reuters, Musk called the claim "false" and accused the news agency of lying.
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.