The project aims to maintain the country's economic stability for the next three months.
The European Commission is developing a debt issuance plan designed to alleviate the economic and financial crisis in Ukraine in the short term. This was reported by Politico.
According to the source, the initiative and the timing of its implementation will be officially announced on May 18.
” The European Commission plans to issue new debt securities of the European Union to cover Ukraine's short-term financial needs over the next three months, estimated at 15 billion euros, “the article reads.
It will be recalled that, taking into account all necessary expenses, the International Monetary Fund and the Ukrainian government have agreed that Ukraine will need 5 billion euros a month for the next three months. This amount is needed to cover the budget deficit, ensure military spending, social benefits and save the economy.
It is unknown at this time how much the European Commission plans to allocate to the debt project, but Politico notes that non-EU countries may also join.
Read also: Canada will provide an additional $ 41 million in military aid to Ukraine
Earlier it was reported that Ukraine loses $ 170 million every day through ports blocked by Russia.
Each month of the war costs Ukraine $ 10 billion. Somewhere all our regions have spent over the past year. So, despite the fact that we started this year with good results, we were definitely not preparing for such expenses. What problems did the Ukrainian economy face due to Russian aggression and how to solve them is told by Yulia Samaeva in the article “How much money does Ukraine lack and where to get it?”
Watch the special topic: War and Myth: The Institute of National Remembrance has released a new video from the series The key objective of the project is to prevent the use of World War II history for political and propaganda purposes, in particular by the Russian Federation. It has become known how much grain the Russians exported from the occupied Ukrainian territories Hundreds of thousands of tons of Ukrainian grain were illegally transported to the Crimea. The shelling of Odessa: the number of victims has become known Unfortunately, civilians were again affected by the occupiers' missiles. In Luhansk, FSB officers are looking for men in apartments to mobilize – Gaidai Russians are hiding behind “mobilized” Ukrainians, sending them to the first wave of the attack. Reznikov discusses with Austin Kyiv's military needs: what weapons Ukraine has already received In the middle of last month, President Joe Biden ordered another package of armed aid of about 800 million dollars.
