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HomeWorldThe European Commission approved...
April 15, 2024

The European Commission approved Ukraine’s 50 billion euro plan

By David
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    The European Commission recommended that the Council of the European Union approve Ukraine’s reform plan.

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    .

    Today’s approval by the European Commission of the “Ukrainian Plan” is a big step forward, because it opens the way to regular payments under the Fund for Ukraine in the amount of 50 billion euros. The head of the European Commission, Ursula von der Leyen, announced this on April 15 on the social network X.

    The Ukraine Reform and Investment Strategy offers a strong foundation for a more modern, prosperous Ukraine on its path to the EU, it said.

    Ukraine is a reform and investment strategy offer a solid basis for more modern, prosperous Ukraine, on its EU path.

    The @EU_Commission‘Ukraine’s enthusiasm for the plan is now a big step.

    This raises the way for regular payments to the €50 billion Ukraine Facility.

    — Ursula von der Leyen (@vonderleyen) April 15, 2024

    Let us remind you that on March 20, the Ministry of Economy announced Ukraine’s plan for the Ukraine Facility. The document contains more than 150 indicators in 69 areas of reform, the implementation of which is planned for the period until 2027, and will become the basis for the implementation of the EU financial support program for Ukraine in the amount of 50 billion euros over the next four years.

    The plan provides for a number of reforms in public administration, the fight against corruption, and sectoral reforms in various areas: from the energy and agricultural sectors to the green transition and digitalization.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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