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Ukraine receives 1 billion euros in EU macro-financial aid

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Ihor Zhovkva, deputy head of the Office of the President, said on Aug. 2 that Ukraine had fully received 1 billion euros of macro-financial help from the European Union as part of a 9 billion macro-financial aid package to Ukraine announced by the European Commission in May and endorsed by the European Council in June. According to Zhovkva, some countries, including Germany, are blocking the release of the remaining 8 billion euros.

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Washington and Kyiv will invest $75 million each to kickstart the Ukraine reconstruction investment fund that gives the U.S. special access to mineral sites and other projects in Ukraine, the Economy Minister Oleksii Sobolev told journalists on Sept. 17.

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