BRUSSELS, Jan 14 (Reuters) – The European Commission’s President Ursula von der Leyen said on Wednesday the EU intends to split the 90 billion euro ($104.89 billion) financial support approved for Ukraine into one third for its general budget and two thirds for military supplies. “We take really a next step in our support to […]
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EU to split Ukraine financial support with 30 billion euros for budget, 60 billion for military
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BRUSSELS, Jan 14 (Reuters) – The European Commission’s President Ursula von der Leyen said on Wednesday the EU intends to split the 90 billion euro ($104.89 billion) financial support approved for Ukraine into one third for its general budget and two thirds for military supplies.
“We take really a next step in our support to build a stronger and more stable Ukraine,” she said in a news conference in Brussels.
The 60 billion euros to be spent on military gears will be used mainly to buy equipment from the EU and EFTA countries, she said.
($1 = 0.8581 euros)
(Reporting by Jan Strupczewski and Inti Landauro;Editing by Sudip Kar-Gupta)