The European Union should continue to provide financial assistance to Ukraine, because if it is not done now, it will cost EU countries more in the future.

This opinion was expressed by the Vice-President of the European Commission, Vira Yurova, in an interview with Politico.

"It's not easy, and we have to ask our citizens for approval of this again and again. But if we don't support Ukraine now either militarily or financially, it will cost much more in the future," said Yurova.

We will remind, earlier Prime Minister Denys Shmyhal said that citizens of Ukraine may be left without salaries and pensions if the European Union stops financing within the framework of the promised 9 billion euros.  

Aid to Ukraine from the EU

The Deputy Prime Minister-Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna said that the European Union 

will provide Ukraine with 18 billion euros

.

Europe provided these funds on credit, but at a low credit rate.

In addition, at the beginning of October, Ukraine and the European Union signed a memorandum on the allocation of 

5 billion euros of macro-financial assistance to our state.

Later, on October 17, the European Union approved the allocation of another tranche to Ukraine worth 

500 million euros for the purchase of weapons

.

Ukraine also received 

1.3 billion dollars of additional emergency financing from

 the International Monetary Fund.

Read also:

  • How the European Union is helping Ukraine to restore its energy infrastructure: Stefanishyna published a list of steps

  • The European Union handed over 16 more heavy-duty trucks to the Armed Forces

  • Ukraine received 2 billion euros of macro-financial assistance from the EU - Shmyhal