The European Commission proposed on Monday a €1.2 billion ($1.35 billion) financial assistance package for Ukraine.
“The (European) Commission proposes a new emergency macro-financial assistance package of €1.2 billion. This package will help Ukraine now to address its financing needs due to the conflict,” President of the European Commission Ursula von der Leyen said in a video statement.
If approved by the European Parliament and EU member states, the bloc will immediately disburse half of the amount, she explained.
“Let me be clear once more: Ukraine is a free and sovereign country. It makes its own choices. The EU will continue to stand by its side,” she added.
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