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The European Union agreed on a package of financial assistance to Ukraine

Ukraine (bbabo.net), - EU ambassadors agreed on a €18 billion bailout package for Ukraine, as well as a minimum tax for large companies of 15%. Hungary has also been allowed to use €5.8 billion in EU funds if Budapest meets 27 preconditions.

This was announced on Monday evening by the Czech Presidency of the Council of the EU on its Twitter page.

EU ambassadors have generally agreed on a €18bn [financial] aid package for Ukraine, a 15% minimum tax on large corporations, the approval of Hungary's recovery and resilience plan, and an agreement on terms and conditions.

On December 10, the EU Council approved the provision of macro-financial assistance to Ukraine in the amount of €18 billion in 2023. It was noted that this loan for Ukraine will have a 10-year grace period.

In early November, the European Commission put forward a plan to provide economic assistance to Ukraine in the amount of €18 billion during 2023. According to its head Ursula von der Leyen, the financing can come in regular tranches in the form of loans on favorable terms.

The European Union agreed on a package of financial assistance to Ukraine