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European Parliament approved €5 billion loan to Ukraine

European Parliament approved €5 billion loan to Ukraine

Members of the European Parliament gave the green light to a €5 billion loan to Ukraine. 534 MEPs voted for such a decision during a plenary session on September 15, 2022.

A macro-financial loan will help Ukraine cover its acute financing needs caused by Russia’s invasion.

According to Europarlament, it is the second and largest tranche of a €9 billion EU support package.

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