EU to give 18 bln euros to Kyiv next year to help run Ukraine

EU to give 18 bln euros to Kyiv next year to help run Ukraine

Reuters. The European Union will give Kyiv 1.5 billion euros a month in 2023 to help run Ukraine as it fights back Russia's troops, the head of the bloc's executive said on Friday (October 21).

European Commission President Ursula von der Leyen spoke after the 27 national EU leaders discussed supporting Ukraine during a second day of their summit in Brussels.

She said that the EU has so far given Ukraine 19 billion euros this year but that the summit looked at 2023.

Sporting a lapel pin in Ukraine's yellow and blue, von der Leyen said Kyiv estimated its monthly needs at 3-4 billion euros and that the EU would finance 1.5 billion euros per month.

The rest was expected to come from the United States and international institutions.

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