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Zelenskyy on EU support: Ukraine expects to receive 18 billion euros in first year

Zelenskyy on EU support: Ukraine expects to receive 18 billion euros in first year Photo: President of Ukraine Volodymyr Zelenskyy (Vitalii Nosach, RBC-Ukraine)

It is important for Ukraine to receive tranches of 18 billion euros in the first two years, and the stability of the state will continue to grow thereafter, stated the President of Ukraine, Volodymyr Zelenskyy during his video address.

"Right now, it is important for the distribution of these funds to occur like the previous support format: we need larger amounts for the first two tranches - 18 billion euros per year, and then the stability of the state will be greater," stated Zelenskyy.

According to him, Ukraine and the EU teams will work on this issue in the near future.

He also noted that thanks to the long-term support program from the EU, Ukrainians have financial guarantees for social stability.

"Europe has demonstrated the unity that is needed. 27 countries – together. EU institutions – in full cooperation. This is a clear signal to Moscow that Europe will stand firm and that Europe cannot be broken by any destructive waves concocted in the Kremlin," emphasized the Head of State.

Zelenskyy also added that accepting aid is also a clear signal across the Atlantic that Europe is taking on commitments.

Decision of the EU summit regarding assistance to Ukraine

Today, on February 1, at the EU leaders summit, a unanimous decision was made to allocate 50 billion euros to Ukraine within the framework of the Ukraine Facility program. In particular, the conditions under which assistance to our country was successfully unblocked have been disclosed.

For more details on the EU summit decision regarding 50 billion euros for Ukraine, read the material by RBC-Ukraine.