Help us serve you better. Take a survey now

Take survey
Skip to content
Edit post

EU official: Ukraine to receive second tranche of 18 billion euro aid package next week

by The Kyiv Independent news desk March 17, 2023 3:47 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

The European Union will provide Ukraine with 1.5 billion euros as the second tranche of an 18 billion euro macro-financial assistance package, European Commission Vice President Valdis Dombrovskis said on March 17.

The payment is expected to be made next week, Dombrovskis added, calling it “emergency support to help Ukraine meet immediate needs.”

The European Council agreed on allocating 18 billion euros of macro-financial assistance to Ukraine on Dec. 15. Loan funds will be transferred to the state budget in installments throughout the year.

Ukraine received the first tranche of 3 billion euros on Jan. 17.

The 18 billion euro support package aims to assist Ukraine with paying for essential public services, maintaining macroeconomic stability, and restoring critical infrastructure destroyed by Russian attacks.

On March 14, the EU Council decided to increase the financial ceiling of the European Peace Fund (EPF), from which funds are allocated to purchase weapons for Ukraine, to 7.9 billion euros ($8.4 billion) by 2027.

The Telegraph: France accused of stalling EU plan to replenish Ukraine's ammunition stocks
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

3:50 PM

Zelensky signs mobilization bill.

Ukraine's bill on mobilization has been signed by President Volodymyr Zelensky, according to the online portal of Ukraine's parliament, the Verkhovna Rada, on April 16.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
6:58 AM

US expands sanctions against Belarus.

The latest sanctions package targets entities that profit from Russia's war in Ukraine, including a state-owned machine tool building company, a radio communications firm, and a software development company.
1:20 AM

Zelensky: Allies can defend Ukraine in the same way as they protected Israel.

"By defending Israel, the free world demonstrated that unity (among allies) is not only possible but 100% effective," Zelensky said after a meeting with top military and security officials . "The allies' decisive actions prevented the success of terrorism and loss of infrastructure and forced the aggressor to cool down."
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.