The EU Parliament greenlights €50 billion for Ukraine’s recovery, emphasizing urgent adoption, democratic accountability, and proposing Russian assets fund reconstruction, aiming to modernize the nation by 2027.
From Euromaiden Press BY YURI ZORIA
On October 17, the European Parliament voted to allocate 50 billion euros in financial aid to Ukraine over the next four years to “support Ukraine’s recovery, reconstruction and modernisation from 2024” to 2027.
The Parliament’s website said 512 MEPs supported the proposal:
“Parliament’s stance on the proposed Ukraine Facility was adopted with 512 votes in favour, 45 against and 63 abstentions, with MEPs making the Facility more democratically accountable, encouraging multiparty democracy and Ukraine’s alignment with the requirements for EU accession,” the Parliament’s press release reads.
Voice of Ukraine 