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50 billion euros is a small help for Ukraine

World

8 February, 17:44

The ink on the EU agreement on allocating 50 billion euros to Ukraine has yet to dry, but that amount seems insignificant. The country's financial demands are increasing day by day, and the war with Russia has been dragging on for a third year. Writes Politico.

Thus, the 50 billion euros allocated by the EU must be used until 2027. However, the International Monetary Fund estimates Ukraine's financing deficit at more than $40 billion this year alone. One of the most significant risks for Kyiv is that the aid deficit will likely push it down an inflationary path of money printing.

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