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EU has spent 130 bln euro to support Ukraine: von der Leyen

  • By Al Mayadeen English
  • Source: News websites
  • 20 Dec 2024 13:03
  • 1 Shares
2 Min Read

The head of the European Commission reveals that European countries have supplied Kiev with 47% of all weapons, and the United States contributed 40% only.

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  • European Commission President Ursula von der Leyen addresses a media conference at the end of an EU summit in Brussels, on December 19, 2024. (AP)
    European Commission President Ursula von der Leyen addresses a media conference at the end of an EU summit in Brussels, on December 19, 2024. (AP)

European Commission President Ursula von der Leyen informed reporters after the European Council meeting in Brussels that the European Union has already invested over 130 billion euros to support Ukraine.

"Looking back, Europe has so far provided Ukraine with almost 130 billion euros," she said.

According to von der Leyen, the European Union has supplied more weapons to Ukraine than the United States. She stated that the EU is responsible for 47% of the weapons sent to Ukraine, while the United States has contributed around 40%.

On December 18, in a speech before the EU parliament, von der Leyen said "Putin is trying harder than ever, with new weapons, new troops from North Korea, a new wave of attacks on energy infrastructure, and his strategy is very clear. He is trying to make gains on the ground and to terrorize the people of Ukraine," stressing that bolstering Ukraine is not only a "moral imperative, but it is also a strategic imperative". 

Further in her statement, she stated that with G7 partners and international financial institutions, the European Union is set to contribute 13 billion euros next year for Ukraine.

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Additionally, "as of January, we will start transferring our part of the G7 loan, financed by the revenues of immobilized Russian assets."

EU to support Ukraine with more than 30 billion euros in 2025

The head of the EU Commission further stated that Brussels is prepared to provide 30.6 billion euros in financial assistance to Ukraine next year, noting that this amount does not include arms deliveries.

2025 will be a crucial year for Ukraine and its partners, we discussed with @ZelenskyyUa

We will stand by Ukraine's right to fight for its freedom and choose its own destiny.

We will support Ukraine's economic stability, with over 30 billion € of EU support next year. pic.twitter.com/mjTDorrj4q

— Ursula von der Leyen (@vonderleyen) December 19, 2024

In a tweet on Thursday, she highlighted that 2025 will be a crucial year for Ukraine and its partners, reaffirming the commitment to continue supporting Ukraine.

"We will support Ukraine's economic stability, with over 30 billion € of EU support next year," she added. 

Read next: Aid to Ukraine has EU defense spending at record $260bln in 2022

  • Ursula von der Leyen
  • Brussels
  • Ukraine
  • European Union
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As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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