Home » Sweden announces €63 million in financial support for Ukraine

Sweden announces €63 million in financial support for Ukraine

by alex

Швеция объявила о выделении €63 млн на финансовую поддержку Украины

Sweden plans to provide Ukraine with financial support in the amount of €63 million, or approximately 720 million crowns.

Support for Ukraine from Sweden

As noted on the Swedish government website, Ukraine will receive assistance in the amount of about 720 million crowns, or €63 million.

About €20 million of which is planned to be directed to support the industrial base of Ukraine, which is based on the Danish model.

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The Danish model is aimed at supporting the purchases of our industry based on proposals Ukraine.

Previous Danish support under this model has resulted in Ukraine being able to create 18 artillery systems of its own production, the website says.

Sweden's financial support will also include support of around €43 million for a number of multilateral initiatives to support Ukraine quickly and effectively.

As part of the financial support, Sweden will make its own contribution to the NATO Ukraine Fund (NATO CAP), which purchases military equipment.

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