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Ukraine can receive EUR5 bln of macro-financial assistance from EU in mid-Oct – von der Leyen
KYIV. Sept 16 (Interfax-Ukraine) – Ukraine can receive EUR5 billion of macro-financial assistance from the EU in mid-October, European Commission President Ursula von der Leyen said.
"We have been discussing, of course, the budget support, the so-called macro-financial assistance. I am very glad that today the European Parliament has voted positively on the EUR 5 billion loans. And we are working on the rest of the macro-financial assistance. The EUR 5 billion can be disbursed in the first tranche, mid-October," she said at a press conference with Ukrainian President Volodymyr Zelensky in Kyiv on Thursday.
"The work on sanctions is also well on track. It is always important to exchange with our friends in Ukraine on the details, because we have to be very careful that there are no loopholes, that there are no circumventions. And therefore, there was an intense discussion, mainly also by our experts, on what we can do together," she noted.
"The second big topic, of course, was preparedness for the winter, the short term. And here, we have earmarked already EUR 150 million to make sure that the internally displaced people here in Ukraine have shelter. And I am happy to announce that there will be another EUR 100 million to support schools so that the damages done by the war in those schools can be repaired in the short term. I know that 70 schools immediately need the reconstruction, the repair work to be done. It is 70,000 children that can go to school. So this is an enormous motivation for us also to be as fast as possible, that we make sure that we are prepared for the winter. The future begins with the children and education. And therefore, it is so important," von der Leyen said.
