Zelensky Thanks EU Leaders for Decision to Provide Financial Support to Ukraine
Zelensky thanks the European Union for 90 billion euros in financial support to Ukraine.
SUMMARY
Ukrainian President Volodymyr Zelensky thanks the European Council for the decision to provide 90 billion euros in financial support to Ukraine over the next two years, emphasizing the importance of freezing Russian assets and ensuring Ukraine's financial security.
KEY HIGHLIGHTS
- The European Council approves 90 billion euros in financial support for Ukraine.
- The support will be provided as cash lending to finance Ukraine's defense against Russia.
- Zelensky stresses the importance of keeping Russian assets frozen and ensuring financial security.
CORE SUBJECT
European Financial Support for Ukraine
Ukrainian President Volodymyr Zelensky thanked the European Council today, Friday, for approving financial support amounting to 90 billion euros (105.46 billion dollars) to Kyiv over the next two years. Zelensky wrote on the Telegram app, "This is significant support that truly strengthens our resilience." European Union leaders decided today, Friday, to provide cash lending to finance Ukraine's defense against Russia over the next two years instead of using frozen Russian assets, overcoming divisions regarding an unprecedented plan to fund Kyiv with sovereign Russian funds. Zelensky said, "It is important that Russian assets remain frozen and that Ukraine receives a financial security guarantee for the coming years."
KEYWORDS
MENTIONED ENTITIES 5
Volodymyr Zelensky
👤 Person_MaleUkrainian President
European Council
🏛️ OrganizationEU body that approved the financial support
European Union
🏛️ OrganizationPolitical and economic union of European countries
Russia
📍 Location_CountryCountry involved in the conflict with Ukraine
Ukraine
📍 Location_CountryCountry benefiting from EU financial support
NOTABLE QUOTES 2
"This is significant support that truly strengthens our resilience."
Context: Comment on the European Council's decision to provide financial support to Ukraine
"It is important that Russian assets remain frozen and that Ukraine receives a financial security guarantee for the coming years."
Context: Emphasis on the importance of freezing Russian assets and ensuring Ukraine's financial security