EU allocates another €1 billion to Ukraine under G7 plan
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4 Articles
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(Credit: Unsplash) This article is brought to you in association with the European Commission. Today, the European Commission has disbursed an additional €1 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan to Ukraine, to be repaid with proceeds from immobilised Russian State assets in the EU, reinforcing the EU’s role as the largest donor since the beginning of Russia’s war against Ukraine. In total, the MFA amounts to €1…
EU allocates another €1 billion to Ukraine under G7 plan
Brussels (Brussels Morning Newspaper) – The European Commission provided another €1 billion in financial assistance to Ukraine. The funds are being allocated as part of a G7 loan, which will be repaid with proceeds from frozen Russian assets. “Today, the … Read more Continue reading EU Commission allocates another €1 billion to Ukraine from frozen Russian assets at The Brussels Morning Newspaper.
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