According to reports, the Minister of Finance of the European Union approved a macro -macro fiscal assistance to Ukraine on July 12, which is only a small part of the European Commission’s 9 billion euros proposed by the European Commission in May. The 1 billion euros of funds will be provided by the EU, and the EU’s emergency fiscal expenditure will reach 2.2 billion euros this year. After the five -month war, Ukraine decreased, public fiscal distress, and seriously relying on its partners. Given that the European Union is closely related to Ukraine, it will financially support the reconstruction of Ukraine.
Vasidis East Brovsky, executive vice chairman of the European Commission, said that Ukraine is facing “large -scale short -term financing demand”. 100 million euro aid plan.
However, the 9 billion euro plan for Ukraine was questioned by member states. Russia’s sanctions on the EU’s own economy were increasingly affected, and member states were reluctant to open a check. Officials said that combined with the current financial situation within the European Union, the aid of 9 billion euros may not be in place before autumn. As an important contributor to EU finance, Germany has been questioning the idea of providing such a huge loan to a war country that might be difficult to repay and advocates a gift.
Post time: Jul-14-2022