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EU redirects funds from Russia and Belarus to Ukraine and Moldova

17.08.2023 16:30
The European Union has reallocated EUR 135 million (USD 147 million) from programs originally intended for Russia and Belarus to support Ukraine and Moldova, according to an announcement by the European Commission.
Photo:
Photo:PAP/Albert Zawada

The decision comes as a response to the ongoing war in Ukraine, the European Commissioner for Regional Policy, Elisa Ferreira, has said.

Ferreira added that the redirected funds would bolster cooperation between Ukraine, Moldova and the European Union.

The funds will be channeled towards enhancing solidarity corridors, expanding cross-border transport links, and fostering various projects in fields such as healthcare, education and science, according to the European Commission.

The EU has also granted permission for regions in Finland, Estonia, Latvia and Poland to join alternative programs not geared toward cooperation with Russia and Belarus.

(jh/gs)

Source: PAP