Convened in a plenary session in Strasbourg, the European Parliament voted on Tuesday in favor of further support for Ukraine worth 50 billion euros, for the 2024-2027 period. The funds are aimed for the „reconstruction and modernization” of the country. The Ukraine Facility is part of the Union’s long-term budget review, which needs to be adjusted after multiple crises that have taken place since 2021. The EU has so far allocated 30 billion euros from its budget to support Ukraine after the start of the Russian invasion in February 2022. Starting June 2022, Ukraine has the status of candidate country to EU accession.
