The Netherlands Expands Support to Ukraine with Additional F-16 Deliveries
The Netherlands has delivered three more F-16 fighter jets to a training base in Romania
The European Union is ready to give EUR 11 B of financial support to Ukraine over the next couple of years.
Speaking at a news conference held at the European Commission headquarters in Brussels, EC President Jose Manuel Barroso asserted that a peaceful solution to the current crisis is "the most immediate priority for the EU," as the BBC quotes him as saying.
There were no official details on the package, which, in Barroso's words, will be aimed at assisting "a committed, inclusive and reforms oriented government" in the country.
The website FXStreet.com, however, reports leaks containing basic elements in EC's budget for rescuing Ukraine.
A total of EUR 3 B will be assigned to Ukraine so that it can deal with its loans.
EUR 8 B are to be transacted by the European Investment Bank and the European Bank for Reconstruction and Development.
Another EUR 3.5 B could possibly be allocated through the European Neighborhood Partnership Instruments, mechanisms which were used in EU-Ukraine relations as a step toward signing the Association Agreement refuted last year by ousted President Viktor Yanukovych.
Aid by the European Union, though significant, would not suffice to cover Ukraine's financial needs, as the country's Finance Ministry announced last week it needs USD 35 B to rescue the economy.
Earlier, the US said it could provide USD 1 B to the government in Kiev.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Eurostat's latest report revealed a slowdown in annual inflation across the European Union, with the figure dropping to 2.6% in March 2024 from 2.8% the previous month
Russian peacekeeping forces have initiated their withdrawal from Nagorno-Karabakh following Azerbaijan's reclaiming of the disputed region from Armenian separatists last year, as confirmed by the Kremlin
The Netherlands has delivered three more F-16 fighter jets to a training base in Romania
China emphasized today the necessity for extensive groundwork before the Ukraine peace conference, slated to be held in Switzerland
Bulgaria finds itself at the bottom of the list in terms of citizens who believe in the benefits of EU membership, according to the latest Eurobarometer survey results
A scheduled conference of far-right European politicians, including Hungarian Prime Minister Viktor Orbán and former British MEP Nigel Farage, was abruptly halted by police in Brussels
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022