Economy

EU to use emergency aid mechanism for Ukraine, Zelensky says

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File photo: Volodymyr Zelenskyy. Illustrative image, not from the current event. · European Parliament · CC BY 4.0 · https://creativecommons.org/licenses/by/4.0/ · https://commons.wikimedia.org/wiki/File:Ukrainian_President_Volodymyr_Zelenskyy_returned_to_the_European_Parliament_on_17_October_(cropped).jpg · resized and padded to 16:9; file photograph 17 October 2024
File photo · CC-BY-4.0: © European Union 2024– Source: EP · CC BY 4.0 · resized / padded

In brief

Zelensky said he and European Commission President Ursula von der Leyen agreed on rapid funding for Ukraine’s most urgent needs after Russian strikes disrupted essential services.

The European Union will use a special emergency assistance mechanism to provide funding for Ukraine’s most urgent needs, President Volodymyr Zelensky said, according to RBC-Ukraine on November 9. He said he reached the agreement during a conversation with European Commission President Ursula von der Leyen and that their teams were already working on the assistance.

Zelensky said Russian strikes had left many Ukrainian cities and communities facing severe difficulties with electricity, water and heating. He identified Kyiv, the Dnipropetrovsk, Sumy and Donetsk regions, and the city of Kherson as the hardest-hit areas.

The leaders also discussed additional energy and humanitarian assistance ahead of winter. RBC-Ukraine’s report did not specify the amount of funding, a transfer date, how the money would be allocated or the mechanism’s official name. Zelensky described an agreement on forthcoming assistance; the report did not say funds had already been transferred.

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