Uncategorized

Politico: European Commission discusses joint borrowing for Ukraine.

0 min read

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.

Avatar
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.

Read more
News Feed
Show More