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China Daily / 2023-12 / 26 / Page011

EU, US support for Ukraine tends to fade

By CHEN YINGQUN | China Daily | Updated: 2023-12-26 00:00

Internal divisions will hinder provision of financial aid for Kyiv in 2024: Experts

The United States and the European Union have both failed recently to pass the aid package for Ukraine due to internal divisions, and 2024 is certain to be tougher for Ukraine, which is already in a dire economic situation, analysts said.

Ukraine would like to bridge next year's $43 billion budget deficit mostly through foreign financial aid, including 18.5 billion euros ($20.40 billion) from the EU and more than $8 billion from a US package that also contains vital military assistance.

However, Ukrainian President Volodymyr Zelensky's recent visits to the US and Europe haven't yielded much, as both financial aid packages met with difficulties.

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