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EU Proposes 1 Billion Euros in Immediate Support for Ukraine

  • Germany blamed for holding up talks on larger amount
  • Short-term package will need approval from all member states
Rescuers work at the site of building hit by Russian missiles in Kyiv, on June 26.

Rescuers work at the site of building hit by Russian missiles in Kyiv, on June 26.

Photographer: Sergei Supinsky/AFP/Getty Images

Updated on

The European Union proposed 1 billion euros ($1.04 billion) in short-term financial relief for Ukraine to shore up the war-ravaged nation’s urgent cash needs, as Germany continues to hold up talks on a larger package, according to people familiar with the matter. 

Ursula von der Leyen, the European Commission president, said the first part of an assistance plan “will allow us to give an immediate answer to the urgent needs of Ukraine.”