EU backs Ukraine with new €50B support package
Unanimous ratification in Brussels ensures sustained budgetary stability and reconstruction guarantees.
European Council members during deliberations in Brussels.
European Union Ratifies Landmark €50 Billion Multi-Year Facility for Ukraine
BRUSSELS — European leaders successfully navigated complex unanimity rules to approve a four-year, €50 billion financial package designed to guarantee Ukrainian macro-financial liquidity and begin rebuilding damaged electrical grids.
The facility combines €33 billion in concessional loans alongside €17 billion in direct grants tied to transparent public procurement benchmarks.
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