President Zelenskyy applauds EU’s €50 billion commitment as crucial for Ukraine’s social stability

February 2,2024 388
President Zelenskyy applauds EU’s €50 billion commitment as crucial for Ukraine’s social stability

“The EU’s decision on €50 billion for Ukraine means that Ukrainians have financial guarantees for social stability,” said Ukrainian President Volodymyr Zelenskyy in a traditional address to the Ukrainian nation on February 1.

I wish you health, fellow Ukrainians!

We continue this week with good dynamics for Ukraine – with events that are contributing to the country’s strength.

Today the EU has made a long-awaited decision: €50 billion for Ukraine. A support program. A long-term program for four years. This means Ukrainians have financial guarantees for our social stability. The decision was adopted today at the meeting of the European Council – at the level of leaders. The Ukrainian team and our friends in the EU have been working quite thoroughly and actively for this decision – through various channels and at various levels. The key thing is that this decision is now in place and that it is a unanimous decision of Europe. I thank all our friends who helped, and, of course, our entire team, Ukrainian international relations officials: the government, the Office, everyone who was involved. I raised this issue of support for Ukraine with every European leader in my talks. I am grateful to each of the 27 EU countries and the heads of European institutions. Now it is important that the distribution of these funds is carried out similarly to the previous format of support: the first two tranches require a larger amount – 18 billion euros per year, and then the state’s resilience will be greater. The teams of Ukraine and the European Union will work on this issue. Today, in my address to the European Council, I also reminded about our other two goals for the year. This is the creation of an appropriate Ukraine Assistance Fund within the European Peace Facility to maintain our defense capabilities and our defensive actions at the front. This is also the preparation of this year’s Global Peace Summit in Switzerland – an event the organization of which I have invited all leaders of the European community to join.

Full text of the address: Office of the President of Ukraine


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