Ukraine welcomes EU decision on new 1.2bn euro aid

Ukrainian President Volodymyr Zelensky has welcomed the decision of the European Union (EU) to approve 1.2 billion euros (about $1.36 billion) macro-financial assistance to Ukraine.

“The EU once again demonstrates its firm support for Ukraine,” Zelensky tweeted on Monday.

Earlier on Monday, European Commission President, Ursula von der Leyen announced the new financial assistance package to Ukraine, saying it will help the Eastern European country to address its financing needs, Xinhua news agency reported.

Soon, the EU will start work on another longer-term macro-financial assistance program to support Ukraine’s modernisation efforts, said von der Leyen.

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