EU transfers EUR 600M to Ukraine – von der Leyen

EU transfers EUR 600M to Ukraine – von der Leyen

The European Union has disbursed a new tranche of EUR 600 million to Ukraine and is working on a procedure to provide an additional EUR 9 billion loan by the end of this year.

According to Ukrinform, European Commission President Ursula von der Leyen wrote this on her Twitter account.

"Today, we disbursed a new tranche of €600 million in Macro-Financial Assistance to Ukraine. More is coming - we proposed an additional €9 billion loan for Ukraine in 2022. Beyond relief, we'll work on a reconstruction platform to help rebuild Ukraine as a free, democratic country," she said.

The European Commission on May 19 announced proposals to grant Ukraine EUR 9 billion in macro-financial assistance to maintain financial stability in the country suffering from Russian aggression. The European Commission has also made a proposal to create an international platform to attract investment in Ukraine's post-war reconstruction efforts from the EU, its international partners and international financial institutions.

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2022 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: