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Germany to lend 150 million euros to Ukraine.

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On May 17, Ukraine's Cabinet of Ministers approved a decision to get a “soft loan” of up to 150 million euros from German state bank KfW. “We will immediately use these funds to finance key social expenditures and key aspects of our country's reconstruction,” Prime MInister Denys Shmyhal said.

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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.

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"The president has tasked us with trying to end this war as quickly as possible. I can confirm that this is indeed his goal — to bring hostilities to an end as soon as possible, preferably before winter," President's Office Head Kyrylo Budanov told the Kyiv Independent.

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