As expected following the previous day’s debate, on Thursday 24 November MEPs approved as a matter of emergency and by a large majority (507 votes in favour, 38 against and 26 abstentions) to grant new macrofinancial assistance to Ukraine for the year 2023.
This aid will provide €18 billion in concessional loans, while Ukraine needs $3-4 billion a month to meet its financial commitments and run its public services in wartime. It is based on a new financial technique for this type...