Ukraine welcomes EU decision on new 1.2-bln-euro aid-Xinhua

Ukraine welcomes EU decision on new 1.2-bln-euro aid

Source: Xinhua

Editor: huaxia

2022-01-24 23:44:57

KIEV, Jan. 24 (Xinhua) -- Ukrainian President Volodymyr Zelensky on Monday welcomed the decision of the European Union (EU) to approve 1.2 billion euros (about 1.36 billion U.S. dollars) macro-financial assistance to Ukraine.

"The EU once again demonstrates its firm support for Ukraine," Zelensky tweeted.

Earlier in the day, European Commission President Ursula von der Leyen announced the new financial assistance package to Ukraine, saying it will help the Eastern European country to address its financing needs.

Soon, the EU will start work on another longer-term macro-financial assistance program to support Ukraine's modernization efforts, said von der Leyen.