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

• 1 min read

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.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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