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EU Reportedly Ready to Propose $55 Bln in New Aid Package for Ukraine

By Oleg Burunov

 

Since the onset of Russia’s special military operation in Ukraine, EU members have provided more than $55 billion in direct support to Kiev, including military aid. Moscow has repeatedly warned that this assistance fuels the prolongation of the conflict raging in Ukraine.
The European Commission is due to propose the EU’s financial aid package of about €50 billion ($55 billion) to support Ukraine amid its counteroffensive against Russian forces, a US news network has cited unnamed sources as saying.
The sources claimed that the announcement is expected later on Tuesday ahead of a conference in London, where donors will reportedly discuss issues related to Ukraine’s financial support. The so-called Ukraine Recovery Conference will take place in the UK’s capital on June 21-23 and is set to be attended by representatives of “international financial institutions, the private sector and civil society”, according to the event’s website…

READ FULL ARTICLE HERE… (sputnikglobe.com)

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