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Germany to lend 150 million euros to Ukraine.

by The Kyiv Independent news desk May 18, 2022 12:37 AM 1 min read
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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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10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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