\u201cToday, this fund is ready to go. It will invest in some of the most strategic sectors for Ukraine’s future\u2014from clean energy and infrastructure to high-growth companies that will drive the Ukrainian economy for decades to come,\u201d she said.<\/p>\n<\/blockquote>\n
According to von der Leyen, the fund is backed by the European Union, Poland, France, Germany, and Italy.<\/p>\n
She said the initiative is expected to mobilize up to \u20ac500 million this year, with the goal of growing to \u20ac1 billion over time.<\/p>\n
Von der Leyen also announced that the European Union is releasing the first \u20ac3.2 billion tranche of its \u20ac90 billion macro-financial assistance package for Ukraine. In addition, she unveiled new funding to support the production of Ukrainian drones as part of the country’s defense industrial expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"
European Commission President Ursula von der Leyen announced that the European Flagship …<\/p>\n","protected":false},"author":67,"featured_media":1257612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,49,36418,36415],"tags":[78,72926],"sources":[],"class_list":["post-1395616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-news-en","category-11473-news-en-2","category-11473-news-en","tag-homepage-en","tag-ukraine-s-allies-aid"],"acf":[],"yoast_head":"\n
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