EU countries can immediately increase Ukraine's support by increasing fiscal space initiatives, and new liabilities are about 15 billion euros.
Several EU Member States have announced an obligation to allocate up to 15 billion euros for additional assistance to Ukraine. The President of the European Council Anthony Rotu said that EU countries can immediately increase Ukraine's support by increasing fiscal space initiatives, and new obligations have already been about 15 billion euros.
It added that the EU members have now undertaken to increase Ukraine's support.
“Member States can immediately increase their support due to the increased fiscal space. Several Member States have already announced their obligations to allocate up to 15 billion euros, ”the President of the Euro Council said.
According to him, the European Council also "instructed the EU Council to work immediately on further initiatives aimed at meeting the urgent military and defense needs of Ukraine."
“At the same time, we are preparing to support Ukraine when she decides to start negotiations to help her achieve a positive result. It means a fair and long peace, ”the cost said.
