0of 5,000

Help us find 5,000 new members. Bring one friend.

Share your personal link and make us stronger in 2027.

0 found so far

Goal 5,000

News Feed

EU transfers 1.5 billion euros to Ukraine in latest tranche of macrofinancial aid

• 1 min read

The EU would disburse another 1.5 billion euros to Ukraine in macro-financial assistance, European Commission President Ursula von der Leyen wrote on Twitter on June 2022.

According to the European Commission, Ukraine continues to make satisfactory progress towards the agreed conditions and complies with reporting requirements, which aim to ensure the transparent use of the funds.

“More will come. We just proposed steady financial support until 2027. We are in it for the long haul,” von der Leyen added.

Earlier, the Commission announced it would mobilize up to €50 billion for Ukraine between 2024 and 2027. The goals of this aid are to support Ukraine's efforts to maintain macro-financial stability, to promote recovery and rebuild and modernize the country, as well as to support implementing key reforms on its EU accession path.

On January, the EU said it would begin disbursing the 18 billion euros support package for Ukraine in monthly tranches.

On June 21, European Union ambassadors backed its 11th sanctions package against Russia, focusing on closing loopholes and punishing actors working to circumvent existing sanctions.

Avatar
Olesya Boyko

Olesya Boyko is an intern at the Kyiv Independent. Olesya works at Chytomo, a Ukrainian media about culture, publishing and literature.

News Feed
 (Updated:  )

The grounding was the first nationwide flight stoppage since January 2023, when an FAA computer system malfunctioned. Before that, the last nationwide grounding followed the terrorist attacks of Sept. 11, 2001.

 (Updated:  )

Local authorities later on Nov. 13 reported that a rescue worker from the Cobra emergency service was killed when a concrete slab fell on him while he was clearing debris from a building damaged in the Russian attack.

Show More