FILE PHOTO: The European Union flags flutter ahead of the gas talks between the EU, Russia and Ukraine at the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman
BRUSSELS (Reuters) - The European Commission proposed on Wednesday an extra 9 billion euros ($9.5 billion) in EU loans to Ukraine in 2022 to keep the country running and to set up a 'RebuildUkraine' Facility of grants and loans, modelled on the EU's own recovery fund.
The money would be borrowed by the Commission on the market against guarantees from EU governments under its macro-financial assistance programme to keep Ukraine going until the end of June as it struggles to fight off Russia's invasion.
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