EU to set aside 50 billion euros for Ukraine - von der Leyen

The European Union's chief executive, Ursula von der Leyen, on Tuesday unveiled an aid package for Ukraine worth 50 billion euros ($54.65 billion).

The figure comes after a review of the bloc's 2021-27 budget and ahead of an international conference in London this week aimed at raising more funds to rebuild Ukraine from its war with Russia.

The 50-billion-euro budget reserve will provide perspective and reliability to the blocs Ukrainian partners, von der Leyen said in remarks to journalists after an EU commission meeting in Brussels. ($1 = 0.9149 euros)