War in UkraineLuxembourg has committed close to €100 million in financial support

RTL Today
In her response to a recent parliamentary enquiry, Minister of Finance Yuriko Backes explained that Luxembourg has already awarded close to €100 million in financial aids to Ukraine.
© MFIN (Archiv)

MP Fernand Kartheiser from the Alternative Democratic Reform Party (ADR) recently enquired about Luxembourg’s financial contributions made to Ukraine since the beginning of the Russian invasion.

According to Minister of Finance Yuriko Backes, Luxembourg has thus far committed close to €100 million, out of which more than €73 million were for military purposes.

The Grand Duchy has further contributed aids through international initiatives and indirectly through its contributions to the EU budget. Money has also been directly paid to the European Peace Facility (EPF).

Since the beginning of the war, the Union has committed €12 billion for humanitarian support and contributions to the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD).

Minister Backes concluded her response to the enquiry by highlighting that the financial support given to Ukraine will allow the country to keep essential infrastructure and services operating. This in return will keep the Ukrainian government functioning and create a basis for sustainable development in the future.

PDF: Parliamentary enquiry and response (LUX)

https://download.rtl.lu/2022/10/24/6bc607e9e82e6b7f06453670a144938a.pdf

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