News Feed

EU provides Ukraine with another 1.5 billion euros in macro-financial assistance

1 min read

The European Union has disbursed another 1.5 billion euro tranche (about $1.6 billion) to Ukraine under its annual macro-financial assistance package, EU Commission President Ursula von der Leyen said on April 25.

“We will continue helping Ukraine resist Russia’s aggression, keep its institutions and infrastructure running, and conduct crucial reforms,” von der Leyen tweeted.

The European Council agreed on allocating 18 billion euros of macro-financial aid 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.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed

*Russia imposes restrictions near Estonian border amid mobilization concerns *Ukraine confirms strikes on 2 Russian oil refineries in Ufa, Samara *SBU says it foiled FSB-linked plot to assassinate K-1 kickboxing federation president in Kyiv *Trump says he'll use Graham bill's Russia sanctions 'if necessary' *Ukraine strikes Russian drone storage and launch site in Oryol Oblast, damages 5 launchers

"Last week, in honor of Senator Lindsey Graham, I signed a powerful new law passed by Congress, providing me with enormous new tariff authorities," Trump said in his address at the U.N. General Assembly in New York. "And, if necessary, I will have to use them. It's time to stop the killing."

Show More