EU to give one billion euro loan to Ukraine

EU to give one billion euro loan to Ukraine
EU to give one billion euro loan to Ukraine

We show you our most important and recent visitors news details EU to give one billion euro loan to Ukraine in the following article

Hind Al Soulia - Riyadh - BRUSSELS — The European Commission Friday proposed a new one billion euro (USD 1.04 billion) long-term loan for Ukraine as the first part financial assistance package of up to 9 billion euro (USD 9.3 billion) announced on 18 May.

Under the proposal, the funds will be made available to Ukraine in the form of long-term loans on favourable terms, it said in a press release.

The loans will support Ukraine's macroeconomic stability and overall resilience in the context of Russia's military invasion and the ensuing economic challenges, it noted.

As soon as the European Parliament and the EU Council of Ministers approve today's proposal and the Memorandum of Understanding and Loan Agreement with the Ukrainian authorities are signed, the Commission will swiftly make available the amount of 1 billion euro to Ukraine. — Agencies


These were the details of the news EU to give one billion euro loan to Ukraine for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Saudi Gazette and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Gang-raped Indian woman ‘numb’ after attackers released
NEXT Ringgit eases further as risk-off mode remains after Fed’s minutes

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]