Ukraine war: EU pledges €18 billion to cover Kyiv's budget gap, despite previous aid stuck in limbo

Video Credit: euronews (in English)

Published on November 9, 2022 - Duration: 02:31s

Ukraine war: EU pledges €18 billion to cover Kyiv's budget gap, despite previous aid stuck in limbo

The Commission says the money will be raised on capital markets and then sent to Kyiv in the form of favourable long-term loans.

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Kyiv

Capital of Ukraine

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European Union

Political and economic union of 27 states

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Ukraine

Country in Eastern Europe

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