• Українською
  • Ukraine will leverage another package of EUR 250 million from the EU for rapid recovery, says Denys Shmyhal
    Communications Department of the Secretariat of the CMU, posted 07 November 2023 17:00

    The Ukraine Energy Support Fund, together with the announced contributions, has already exceeded EUR 300 million. This was announced by Prime Minister Denys Shmyhal during a Government meeting on 7 November.

    "We are gradually approaching winter, and the risks of russian energy terror are growing every day. That is why we are preparing for all scenarios, strengthening active and passive defence of energy facilities, and accumulating international assistance," the Prime Minister said.

    According to the Head of Government, among the leaders of support are: the European Union, Germany, Sweden, the United States, and the United Kingdom. Ukraine uses the funding from the Energy Support Fund to purchase transformers, turbines, connectors, equipment for trunk power grids, etc.

    Denys Shmyhal also said that the Government had approved an agreement allowing it to attract another package of EUR 250 million from the European Union for rapid recovery. The money will be directed to rebuild bridges, railways, schools, kindergartens, hospitals, residential buildings, and to support Ukrainian farmers.

    Ukraine will leverage another package of EUR 250 million from the EU for rapid recovery, says Denys Shmyhal