European Commission seeks €1.5bn a month for Ukraine - media

The European Commission is planning to provide Ukraine with around €1.5 billion a month in budget support next year, Politico wrote on Tuesday.

Kyiv estimates that next year's budget deficit will be around $3.5 billion a month, while the US has pledged to cover $1.5 billion a month and is asking allies to do the same.

The Commission is discussing with EU finance ministers possible ways to provide support. The total number, as well as the number of grants or loans, are still under discussion, EU officials report. 

Source: PAP