The head of the European Commission noted that the mechanism provides for investments in the amount of 50 billion euros over four years, from 2024 to 2027, which are allocated in accordance with Ukraine's implementation of the reform plan.
The head of the European Commission Ursula von der Leyen announced the allocation of another tranche of aid to Ukraine by the end of the year under the Ukraine Facility mechanism, the total amount of which is 50 billion euros.
Ursula von der Leyen said this at a press conference after the EU summit in Brussels, reports “European Pravda”.
The head of the European Commission recalled that the mechanism provides for investments of 50 billion euros over four years, from 2024 to 2027, which are allocated in accordance with Ukraine's implementation of the reform plan.
“We are seeing significant progress. Thanks to Ukraine's progress, we have already allocated more than 12 billion euros. We expect another tranche to be allocated by the end of the year,” she said.
Recall that the preliminary tranche of almost 4.2 billion euros under the Ukraine Facility program The European Commission transferred to Ukraine in August.
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