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Ukraine to receive 1 billion euros in aid from Germany

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The Ukrainian and German Finance Ministries on June 25 signed an agreement for 1 billion euros in grant funding "to finance priority social and humanitarian expenditures during martial law," according to a Ukrainian Finance Ministry statement. Ukraine has previously requested $5 billion per month in assistance from other countries.

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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 budget foresees Hr 4.8 trillion ($115 billion) in expenditures and Hr 2.9 trillion ($70 billion) in revenues — meaning a deficit of 18.5% of GDP, according to Kyiv-based think tank Center for Economic Strategy (CES).

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