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2/8/2024

READOUT: Secretary of the Treasury Janet L. Yellen’s Bilateral Meeting with Executive Vice President and Commissioner …

READOUT: Secretary of the Treasury Janet L. Yellen’s Bilateral
Meeting with Executive Vice President and Commissioner for
Economy Paolo Gentiloni of the European Union
February 8, 2024

WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen met with European
Commissioner for Economy Paolo Gentiloni. They discussed several topics of mutual interest,
such as our e orts to deprive Russia of its ability to wage war and support for Ukraine in its
defense against Putinʼs brutal invasion. Secretary Yellen congratulated the European Union for
the passage of the Ukraine Facility, which will provide €50 billion in economic support to
Ukraine over the next four years and help Ukraine enact the reforms necessary to advance in
its EU accession e orts. Secretary Yellen reiterated the Administrationʼs ongoing e orts to
secure direct budget support in FY 2024 as part of the national security supplemental request
before Congress, and underscored the importance of Congress acting on financial support for
Ukraine as quickly as possible.

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https://home.treasury.gov/news/press-releases/jy2086

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