Ukraine gets $634mn financial aid from EU

By IANS | Published: May 21, 2022 12:03 PM2022-05-21T12:03:03+5:302022-05-21T13:02:58+5:30

Kiev, May 21 Ukraine has received the second tranche of 600 million euros ($634 million) of the European Union's ...

Ukraine gets $634mn financial aid from EU | Ukraine gets $634mn financial aid from EU

Ukraine gets $634mn financial aid from EU

Kiev, May 21 Ukraine has received the second tranche of 600 million euros ($634 million) of the European Union's (EU's) emergency macro-financial assistance program, the Finance Ministry in Kiev announced.

"The funds will be used to maintain financial stability in Ukraine during the war," the Ministry said in a statement.

Prime Minister Denys Shmyhal welcomed the aid and thanked European Commission President Ursula von der Leyen for the aid, reports Xinhua news agency.

The EU decided to allocate 1.2 billion euros in emergency assistance for Ukraine in February.

Ukraine has received 600 million euros from the aid package in March.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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