India  
 
NewsR.in

EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid

SeattlePI.com Friday, 20 September 2024 ()
The European Union is ready to lend Ukraine up to $39 billion as part of a loan package organized by the Group of Seven major industrial nations. European Commission President Ursula von der Leyen announced the pledge Friday in Ukraine. Part of the money will be used to help the country repair and reconnect its war-damaged electricity grid and boost its heating capacity as winter approaches. Around half of Ukraine’s energy infrastructure is destroyed. Rolling electricity blackouts are leaving parts of the east in darkness. The main aim is to help Ukraine decentralize its power grid and to become less reliant on the big power stations that make easier targets for Russian forces.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

BREAKING: Russia Destroys 80% of Kyiv’s Power Grid; Ukraine Braces for COMPLETE BLACKOUT [Video]

BREAKING: Russia Destroys 80% of Kyiv’s Power Grid; Ukraine Braces for COMPLETE BLACKOUT

Ukraine faces a potentially dire energy crisis this winter, according to a report by the country's Center for Countering Disinformation. Power outages could last up to 20 hours daily in worst-case..

Credit: Oneindia     Duration: 03:03Published
Russia's largest strike in weeks hits Ukraine's power grid [Video]

Russia's largest strike in weeks hits Ukraine's power grid

As air raid sirens echoed through the Ukrainian capital, residents of Kyiv sought refuge in underground passages and subways, bracing for potential Russian attacks. The city, along with 14 other..

Credit: AFP English     Duration: 01:40Published