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Ursula von der Leyen unveils €3.5 billion aid package in Kyiv

Ursula von der Leyen arrived in Kyiv by train on Monday morning to mark the third anniversary of the start of Russia’s war against Ukraine and as Donald Trump’s big push for negotiations rattles European allies, stoking fears a rushed deal could leave the entire continent vulnerable to the Kremlin’s expansionism.

The president of the European Commission is expected to unveil a €3.5 billion package of financial aid to inject additional liquidity into Ukraine’s strained budget and facilitate the purchase of military equipment from its domestic industry.

The €3.5 billion is an advance on a larger €50-billion assistance fund that the European Union established in early 2024, dubbed “the Ukraine Facility”.
While Brussels has managed to cover Ukraine’s financial needs for the entire year, the supply of weaponry after the summer remains uncertain.

( Source : euronews )

 

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