Skip to content
Edit post

Stoltenberg wants NATO states to pledge 500 million euros yearly to Ukraine Fund

by The Kyiv Independent news desk April 3, 2023 11:33 PM 1 min read
This audio is created with AI assistance

NATO Secretary General Jens Stoltenberg wants NATO members to pledge 500 million euros per year for a support fund aimed at assisting Ukraine, Bloomberg reported on April 3.

The support fund would provide both short-term and long-term support, Bloomberg wrote.

The funds would cover a range of supplies, from anti-drone systems to modernizing Ukraine's Armed Forces.

Stoltenberg, as quoted by Bloomberg, explained that the process of "modernizing" Ukraine's Armed Forces involved more than just replacing outdated Soviet-era weaponry. It also entails implementing systemic changes to combat corruption

However, many of the details surrounding the support fund "have yet to be worked out," according to Bloomberg.

Stoltenberg told reporters on April 3 that foreign ministers from NATO member states would be meeting to calculate a multi-year program for Ukraine.

Ukraine war latest: Kyiv denies Wagner’s claim of seizing Bakhmut city hall
Key developments on April 3: * Ukraine denies Russian claims about seizing Bakhmut in Donetsk Oblast * Poland delivers first MiG-29 jets to Ukraine * Zelensky on upcoming counteroffensive: Russians “still have time to leave — otherwise, we will destroy them” * Zelensky, European officials meet…

News Feed

11:25 PM

EU to allocate $36 billion of financial support to Ukraine.

The European Union will provide 35 billion euros ($36 billion) in financial assistance to Ukraine in 2025 through the G7 ERA credit initiative and the Ukraine Facility program, European Commission's vice-president and trade commissioner announced on Jan. 22.
9:39 PM

Ukraine's OnlyFans content creators declare more than $7 million in income.

After the country's tax service sent out requests to Ukrainian citizens who earn money on the platform, 451 people sent in declarations totaling Hr 326.1 million ($7.76 million) for the period of 2020-2022, Ekonomichna Pravda reported on Jan. 22, citing information requested from the country's tax service.
12:08 PM

Ukraine's NATO prospects depend on Trump, Zelensky says.

"Everything depends on the United States. If Trump is ready to see Ukraine in NATO, we will be in NATO, everyone will be in favor. If President Trump is not ready to see us in NATO, we will not be in NATO," President Volodymyr Zelensky told journalists in Davos.
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.