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Poland opens 18 billion euros in aid – OP

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At the summit of EU leaders on Thursday, December 15, the issue of paying Ukraine 18 billion euros of macro-financial assistance next year was unblocked.

Poland lifted its veto on the EU tiered package that included a minimum corporate tax rate for large multinational companies and 18 billion euros in aid to Ukraine. This allowed the EU to accept it. Diplomatic adviser to President Volodymyr Zelensky and deputy head of OPU Igor Zhovkva confirmed this on Facebook.

According to him, at the summit of EU leaders on Thursday, December 15, the issue of paying Ukraine 18 billion euros of macro-financial assistance next year was unblocked.

“The macrofin decision, according to our information, has finally been unblocked and will be positive for Ukraine,” Zhovkva said.

He clarified that discussions on sanctions are still ongoing.

It has not been officially announced yet.

The financial and economic package includes:

  • aid for Ukraine for 18 million euros;

  • the minimum corporate tax rate for large transnational corporations;

  • frozen funds for Hungary due to rule of law issues;

  • conditional approval of Hungary’s post-pandemic spending plan (until certain reforms are completed).

Warsaw blocked the entire package over concerns over the minimum tax rate, which is part of a bilateral global agreement approved by more than 130 countries last year. The other part involves the redistribution of corporate tax rights where they earn.

Recall that the Baltic countries and Poland are blocking the new sanctions against the Russian Federation, as some countries have proposed to ease them under the guise of ensuring food exports.

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Source: korrespondent

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