EU disburses a new one-billion-euro loan tranche to Ukraine
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The European Commission said on Thursday it had disbursed the fourth tranche of its exceptional macro-financial assistance (MFA) loan to Ukraine worth 1 billion euros ($1.1 billion) under a G7 loan initiative.
"The EU continues to support Ukraine – politically, financially, economically and militarily. Today we are disbursing a further 1 billion euros under the 45 billion euros G7 Extraordinary Revenue Acceleration initiative – the 4th disbursement this year," said EU Commissioner Valdis Dombrovskis in a statement.
This article was produced by Reuters news agency. It has not been edited by Global South World.
