EU ambassadors approve EUR 18B support package to Ukraine

The European Union ambassadors approved a financial support package to provide Ukraine with EUR 18 billion in 2023.

The Czech Presidency of the EU Council wrote this on Twitter, Ukrinform reports.

“Ambassadors in principle unanimously approved a financial support package to provide Ukraine with €18 billion in 2023. EU2022CZ keeps its promise to help Ukraine stand up to Russia and the EU remains united,” the report says.

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Financing can be carried out in regular tranches as loans on preferential terms.

As reported by Ukrinform, the Council of the European Union reached agreement on a legislative package which will enable the EU to help Ukraine financially throughout 2023 with EUR 18 billion.

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