This is reported by RBK-Ukraine referencing the Prime Minister of Ukraine Denys Shmyhal. The information comes from Kontrakty.UA.
He held a meeting with the European Commissioner for Economy and Productivity, Valdis Dombrovskis, who recently assumed his new position.
During the discussion about establishing a long-term recovery mechanism for Ukraine based on the Marshall Plan, the Ukrainian side proposed to combine frozen Russian assets with EU funds.
This, as Shmyhal noted, would enable the involvement of European companies in the country's reconstruction on mutually beneficial terms.
During the meeting, the parties also discussed other cooperation and economic support issues:
- Financial assistance. The European Union confirmed the provision of macro-financial assistance to Ukraine amounting to €18.1 billion under the G7 initiative to accelerate revenues. The first tranche is expected to be transferred as early as January 2025.
- Ukraine Facility. Ukraine received €16 billion for economic stabilization, support for reforms, and addressing urgent needs. This was made possible through the EU's financial mechanism.
- Intergovernmental consultations. An agreement was reached to hold intergovernmental consultations with the EU at the beginning of 2025 to coordinate further cooperation in economic, humanitarian, and military areas.
Shmyhal also expressed gratitude to Dombrovskis for his personal contribution to the development of relations between Ukraine and the EU.
Additionally, the commissioner assured continued humanitarian, military, and economic support for Ukraine from the EU.
Recall that Ukraine recently received a tranche from the European Union amounting to €4.1 billion.
Furthermore, the head of EU diplomacy, Kaja Kallas, announced that starting next year, European countries would allocate €1.5 billion every month for the reconstruction of Ukraine.