EU Commission President Ursula von der Leyen wants to present plans this week for a new aid package for Ukraine worth up to €18 billion. The funds should be divided into monthly tranches of €1.5 billion each, the Commission announced on Sunday following a telephone conversation between von der Leyen and Ukrainian President Volodymyr Selenskyj. Accordingly, the support is to flow in the form of long-term loans, with the EU side bearing the interest costs. This will make a “significant contribution” to Kyiv’s financial needs for 2023.
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