15 Nov 2022 13:17

EU plans to disburse 1.5 billion euros to Ukraine per month in 2023

MOSCOW. Nov 15 (Interfax) - The European Union plans to transfer monthly financial assistance in the amount of 1.5 billion euros to Ukraine in 2023, and Ukraine itself will decide how much should be allocated for the restoration of its energy infrastructure, European Commissioner for Energy Kadri Simson said.

"We have proposed a funding scheme for next year for Ukraine, and they will prioritize their financial needs to restore energy infrastructure on their own. But, in general, this will give Ukraine a stable flow of support - 1.5 billion euros per month," Simson said in an interview with Radio Liberty.

Rebuilding its energy infrastructure is a clear priority for Ukraine, "because it will be very difficult to survive without heat, without electricity," she said.

Furthermore, without waiting for the beginning of the direct financing process, the EU together with the Energy Community set up the Ukraine Energy Support Fund through which all countries concerned could support efforts to search for and to deliver necessary power equipment to Kiev.