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EU proposes 100-bn-euro fund for Ukraine alongside 2028-2034 budget

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The European Commission on Wednesday proposed establishing a fund of up to 100 billion euros ($115 billion) to support war-torn Ukraine during the bloc’s next 2028-2034 budget period.

“This is a long-term commitment to Ukraine’s recovery and reconstruction,” budget chief Piotr Serafin said, adding the money would be “outside the ceiling” of the budget.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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