Zelensky thanks EU for disbursement of EUR 500 mln loan to Ukraine

29.05.2020 14:10

Ukrinform

Ukrainian President Volodymyr Zelensky has thanked the European Union and President of the European Commission Ursula von der Leyen for the decision to provide Ukraine with the second tranche of the fourth macro-financial assistance (MFA) programme in the amount of EUR 500 million.

“Grateful to the EU and European Commission President Ursula von der Leyen for decision on disbursement to Ukraine of €500 mln of the 2nd tranche of the 4th Macro-Financial Assistance as discussed last week. Timely support by our EU friends to support Ukraine’s economy during COVID-19," Zelensky wrote on Twitter.

Today, May 29, the European Commission, on behalf of the EU, approved the disbursement of a EUR 500 million loan to Ukraine as part of its fourth macro-financial assistance (MFA) programme.

As reported, on May 20, President Volodymyr Zelensky and European Commission President Ursula von der Leyen discussed in a phone conversation the coordination of efforts to overcome the consequences of the coronavirus pandemic, as well as the coordination of steps for a gradual lockdown exit.

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