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EU to increase financial assistance to Ukraine in half

The European Union is considering the possibility of increasing financial assistance to Ukraine.

EU to increase financial assistance to Ukraine in half

Next Tuesday in Brussels the EU foreign ministers will talk about increasing their assistance from 1.8 to 2.5 billion euros, the EU can provide Ukraine with, Joinfo.ua reports.

The discussions on the issue of increasing of aid to Ukraine have been held for several days.

In informal conversations the diplomats admit that the consultations are ongoing, but the decision has not been made yet. We have to wait until Tuesday's meeting.

The diplomats say that the money provided so far is not enough for the country, which is riven by war and is fighting with the recession.

Recently, the European Commission proposed Ukraine incomplete 2 billion euros in the form of loans. However, this amount is not enough to help the authorities in Kyiv to solve all the problems. It is estimated that Ukraine needs 15 billion euro.