Ukraine becomes association member of International Energy Agency
Ukraine has joined the International Energy Agency (IEA) as an association country.
The European Council has decided to allocate EUR 1 billion to Ukraine and will continue to work toward finding a way to provide Ukraine with another EUR 8 billion from the total package of EUR 9 billion of macro-financial assistance that has already been politically agreed at the EU level, although it is too early to talk about specific terms of providing such assistance.
The Russian invasion of Ukraine has darkened significantly this year’s global economic outlook.