EU can provide Ukraine with hundreds of billions of euros for long-term recovery – Yermak

The EU is now considering a plan for the long-term recovery of Ukraine, which provides for hundreds of billions of euros, writes Bloomberg.

This was announced by the head of the Office of the President Andriy Yermak.

“The EU is considering using loans guaranteed by member states to provide urgent funds to Ukraine for additional budget revenues,” he wrote.

Yermak added that the package of financial needs of our state should be considered in May.

Recall, the day before, United States President Joe Biden called on the US Congress to approve the allocation of $ 33 billion in aid to Ukraine as soon as possible. Earlier, the Biden administration sent Congress a request for additional $33 billion in funding to support Ukraine.

On May 9, U.S. President Joe Biden signed the Lend-Lease Act for Ukraine into law .

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