Business news from Ukraine

Business news from Ukraine

Council of EU decided to urgently provide assistance to Ukraine in amount of 5 billion euros

20 September , 2022  

On Tuesday, the EU Council officially decided to provide Ukraine with an urgent additional macro-financial assistance (MFA) in the amount of 5 billion euros, the press service of the European Council reports.
“On September 9, EU finance ministers agreed on a statement in support of this additional €5 billion assistance to Ukraine at an informal meeting of the Ecofin Council in Prague. Today, this additional assistance was formally accepted after the necessary formal steps were completed in just 11 days,” he said. the message says.
It clarifies that this financial assistance is in addition to other European Union support to Ukraine already provided in the humanitarian, customs, defense and development sectors.

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