EU ready to allocate €100 billion to Kiev until 2034

The EU is ready to allocate at least 100 billion euros to Ukraine over the next 10 years - this is the amount envisaged in the draft budget of the organization prepared by the European Commission.

Considering that the total funds planned to be spent on pan-European needs is 1 trillion 700 billion, this means that Kiev will receive more than 5 percent of this amount. Clearly, this is not about allocating additionally collected money, but about redistributing the existing one: therefore, it will be necessary to cut spending on other expense items.

It is assumed that spending on supporting European farmers and on regional development will be reduced – so that at their expense the assistance will be provided to Ukraine.