(20 Sep 2024)
RESTRICTION SUMMARY:
++AUDIO AS INCOMING++
ASSOCIATED PRESS
Kyiv, Ukraine - 20-Sep-2024
1. Wide of Ursula von der Leyen and Volodymyr Zelenskyy walking onto the stage
2. SOUNDBITE (English) Ursula von der Leyen, President of the European Commision:
"I am happy to announce that today the Commission has adopted proposals that will enable the European Union to lend €35 billion from the G7 pledge. This is a huge step forward. We are confident that we can deliver this loan to Ukraine very quickly. A loan that is backed by the windfall profits from immobilised Russian assets. So crucially, this loan will flow straight into your national budget. This will improve Ukraine's macro-financial stability. And it will provide you with significant and much-needed fiscal space."
3. Close of the podium from which Ursula von der Leyen made her statement
4. Wide of chandeliers in the conference hall at the Mariinsky Palace
5. Mid of chandelier in the conference hall
6. SOUNDBITE (English) Ursula von der Leyen, President of the European Commision:
"All the needs are only there because Russia attacked Ukraine. So it's only good and right that windfall profits are serving this loan so Russia pays for the reconstruction of the damages it cost."
7. Mid of EU and Ukraine flags
8. Close of EU and Ukraine flags
9. SOUNDBITE (English) Ursula von der Leyen, President of the European Commision:
"We help you repair the damages done by the Russian strikes. We will aim to restore 2.5 gigawatts of capacity this winter. That is approximately 15% of your country's needs for this winter. Then we connect the second element. We will keep connecting Ukraine to the European electricity grid. Thus we will then export 2 gigawatts of electricity to Ukraine. This covers roughly 12% of the country's needs for winter. So with these two pillars, repair and connect, we can cover over 25% of Ukraine's needs for this winter. And this is in addition to Ukraine's own production."
10. Mid of conference hall curtains
11. SOUNDBITE (English) Ursula von der Leyen, President of the European Commision:
"We do everything possible to support the people in Ukraine here so that for them, this winter is a winter where they have light and heat and all the different means that are likely to have to be provided for energy."
12. Wide of press filming the conference
13. Mid of conference hall curtains
14. SOUNDBITE (Ukrainian) Volodymyr Zelenskyy, President of Ukraine:
"35 million... billions will be spent primarily on energy and defence. We will also invest in bomb shelters for children in schools, kindergartens, and universities, as this is a significant deficit for us. Additionally, we will focus on domestically produced weapons. Our long-range drones are currently striking the enemy and are cheaper than those of our partners. However, we are grateful to our partners for the quality weapons they provide, which is why we are prepared to allocate part of these funds primarily for air defence systems that are not produced in our country."
15. Mid of conference hall curtains with Ukrainian coat-of-arms
16. Close of conference hall curtains with Ukrainian coat-of-arms
17. SOUNDBITE (Ukrainian) Volodymyr Zelenskyy President of Ukraine:
18. Mid of Zelenskyy and Von der Leyen saying goodbye
19. Various of Mariinskyi Palace
STORYLINE:
On a trip to Kyiv, the European Commission President has pledged to lend Ukraine up to 35 billion euros ($39 billion) as part of a loan package organised by the G7, as it seeks to help the country rebuild its economy and its war-shattered power grid.
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