EU allocates €600 million of macro-financial aid to Ukraine

Source : 112 Ukraine

It is the first of two tranches
15:20, 9 December 2020

Denys Shmygal Telegram

The European Union has allocated €600 million of the macro-financial aid to Ukraine, as the European Commission reported.

“This disbursement will contribute to macro-financial stability in Ukraine while allowing it to allocate resources towards mitigating the severe negative socio-economic consequences of the coronavirus pandemic,” the message said.

Related: Ukraine to provide humanitarian aid to Lebanon

According to Prime Minister of Ukraine Denys Shmygal, it is the first of two tranches in accordance with the agreements with the European Commission signed in July 2020.

“I am grateful to our European partners for support that will enhance the macro-financial stability of Ukraine,” he stated.

It is noted that Ukraine is the seventh country that received such a payment. The total set of payments makes €3 billion in ten countries.

Related: Ukraine to send 10,000 dollars in humanitarian aid to El Salvador

As we reported, since the beginning of the Donbas conflict, the United Nations attracted more than $ 500 million in aid to the victims.


Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

see more