EU finance ministers approved €5 billion in macro-financial assistance to Ukraine
September 10, 2022
During an informal meeting in Prague, EU finance ministers agreed on the terms of providing Ukraine with the next tranche of the emergency macro-financial aid package of €5 billion, which is part of a total package of €9 billion.
The Executive Vice President of the European Commission, Valdis Dombrovskis, announced this today in Prague during a press conference following the ECOFIN meeting, Ukrinform reports.
“As regards financial support for Ukraine, it is excellent news that ministers have endorsed the next part of our exceptional macro-financial assistance program and agreed to provide national guarantees required to make a further €5 billion available in concessional loans to Ukraine. This is part of the overall €9 billion exceptional macro-financial assistance package for Ukraine. Its first part of €1 billion was already paid out in early August and we are now working on operationalizing the remaining amount in this package,” said Dombrovskis.
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