BRUSSELS, Feb 27 – The European Parliament supported the creation of Ukraine Facility worth EUR 50 billion for the period of 2024-2027, the funds of which will be used to support life and restore the Ukrainian state, as well as to perform reforms on the path to membership in the European Union.

The corresponding resolution was voted during the plenary meeting of the European Parliament in Strasbourg on Tuesday.

The resolution was sponsored by Speakers from the Committee on Foreign Affairs, Michael Gahler (Germany, group of European populists) and the Budget Committee Eider Gardiazabal Rubial (Spain, group of socialists and democrats).