S&D MEP Brando Benifei on establishing the Ukraine Loan Cooperation Mechanism and providing exceptional macro-financial assistance to Ukraine.
This new aid package is yet another tool by the EU and G7 partners to demonstrate effective solidarity with Ukraine. It is a clever instrument, with adequate safeguards for the EU budget and a structure that ensures resources are spent exclusively on the intended purposes of macroeconomic stabilisation and the preservation of Ukraine’s critical infrastructure.