About past, present and future of Ukraine

Search mobile

Main Diplomacy Portugal has promised to allocate 220 million euros in aid to Ukraine this year and next year

Diplomacy

Portugal has promised to allocate 220 million euros in aid to Ukraine this year and next year

290
Portugal has promised to allocate 220 million euros in aid to Ukraine this year and next year

Share this article

Portugal has pledged to provide Ukraine with 220 million euros in assistance in 2024. Lisbon intends to maintain the same level of support in 2025 as well.

Prime Minister of Portugal, Luís Montenegro, made this announcement, as reported by JN.

"Just this year, according to our estimates, we will achieve a support volume of over 220 million euros, which will be repeated next year, all within the framework of the final settlement that will be established at this summit," he stated.

 

Prime Minister of Portugal, Luís Montenegro

 

Montenegro also added that Portugal intends to reach 2% of budgetary expenditures on defense, which will be achieved a year earlier than expected, by 2029.

"This international coalition is also considering the possibility of making a significant financial contribution to military, humanitarian, political, and economic support for Ukraine," he emphasized.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...