Germany will provide another 150 million euros in loans, 140 million – in development and 125 million – in humanitarian aid

Scholz also stressed that Putin would not be able to win the war against Ukraine. In particular, thanks to the joint actions of the world community.

After granting Ukraine a loan of 150 million euros Germany is rapidly preparing another similar loan. This was announced by German Chancellor Olaf Scholz at the International High-Level Donor Conference , organized in support of Ukraine, Interfax-Ukraine reports.

“We will provide much-needed liquidity to Ukraine's budget. A special loan of 150 million euros was recently issued. Another loan of 150 million euros is being prepared in an accelerated manner,” Scholz said.

He also noted that Germany has already allocated 122 million euros to Ukraine to address the economic and social consequences of the Russian invasion in the framework of bilateral development cooperation. “And we intend to provide another 140 million euros to finance development,” the chancellor said.

He also spoke about Germany's plans to allocate an additional 125 million euros in humanitarian aid and strengthen Ukraine's resilience to Russian aggression.

Scholz expressed confidence that Russia would not be able to win the war against Ukraine. In his opinion, this will be guaranteed by joint actions of the countries to impose sanctions on Russia, strengthen defense and solidarity with the Ukrainian people.

“Today is the 71st day of the war in Ukraine. And with each passing day since Russia invaded Ukraine, with every atrocity committed by Russian soldiers, our determination and unity are only growing stronger. We are determined: Putin must not win this war . And he will not win it, “said the German Chancellor.

He also noted that Germany has been the second largest donor of financial assistance to Ukraine for many years.

It will be recalled that the participants of the International Donors' Conference high-level in Warsaw managed to raise $ 6.5 billion to support Ukraine .

Ukrainian President Volodymyr Zelensky also spoke at the conference. In particular, he stated that Ukraine needs a strategic plan of international support, which will be a modern analogue of the historic Marshall Plan .

Zelensky added that Ukraine needs to gain candidate status as soon as possible. EU members . According to him, such membership should become a reality, not a promise.

European Commission President Ursula von der Leyen told the conference that restoration and reform will pave the way for Ukraine to join the European Union .

Based on materials: ZN.ua

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