The European Council is ready to grant Ukraine nine billion euros (about $9.6 billion), European Council President Charles Michel tweeted Monday night.

“#EUCO will continue helping #Ukraine with its immediate liquidity needs, together with @G7. EUCO is ready to grant #Ukraine EUR 9 billion. Strong and concrete support to #Ukraine’s reconstruction,” he tweeted.

His tweet comes after EU leaders met in Brussels on Monday to discuss a sixth package of sanctions against Russia, and agreed on a partial ban of Russian oil imports.

Following the decision, EU Commission President Ursula von der Leyen tweeted saying, “I welcome the #EUCO agreement tonight on oil sanctions against Russia. This will effectively cut around 90% of oil imports from Russia to the EU by the end of the year.”

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