16
Oct
2023
Watch
Establishing the Ukraine Facility (debate)
Mr President, Commissioner, ladies and gentlemen! As someone once rightly said: Russia is actually a gas station posing as a supermarket. For far too long, the world has fallen for the myth of Russian military power. Hopefully this will end soon. For 600 days, the brave Ukrainians have been defending their country in Putin’s ‘three-day war’. They gradually liberate – and above all their sea accesses. Odessa's ports are almost freely accessible, grain is exported, the Russian fleet is submerged. Ukraine, of course, defends its own freedom, but also our freedom in the EU. Every penny we invest in Ukraine is well-invested money in democracy and our security. The new Ukraine Facility – a €50 billion assistance – will help Ukrainians not only survive but also rebuild the country. It should be better and greener. The Ukraine of the future will be a model for everyone else. We have made sure that Ukraine of the future is determined by its people, who are represented by their government, parliament, civil society and communities. It is the people who decide what the Ukraine of tomorrow will look like. Since European taxpayers should know how their money is spent, we have provided the Ukraine Facility with full transparency. This ensures that every penny invested in the country can be accounted for. The Ukraine Facility is also a precursor to Ukraine's EU membership. It offers a perfect synergy between reconstruction and reforms. With our joint efforts, free, united democratic Ukraine will be the green engine of the European future. Thank you to the two rapporteurs for the good cooperation!