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externalPolitico: European Commission discusses joint borrowing for Ukraine.

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May 10, 2022 2:47 amby The Kyiv Independent news desk

Plans are underway to issue a new EU debt to cover Ukraine’s short-term financing needs, said diplomatic sources. According to the Ukrainian government and the International Monetary Fund, Ukraine needs $5 billion per month to maintain its economy. The U.S. has agreed to cover one-third, and this plan aims to cover the rest.

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The Kyiv Independent news desk
Author:  The Kyiv Independent news desk
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