City
Epaper

Ukraine gets $634mn financial aid from EU

By IANS | Updated: May 21, 2022 13:02 IST

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

Open in App

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

Tags: Russia Ukraine conflictEuropean UnionUkraineFinance MinistryState steelDenys shmyhalEuropean affairsNe regionDenis shmyhal
Open in App

Related Stories

BusinessUPI Transactions Above Rs 2,000 Remain GST-Free Due to Zero MDR Charges

InternationalTariff War: Diamonds, Eggs Among Goods to Get Costlier If EU Retaliates Against US Tariffs

InternationalRussia-Ukraine War: 60 Ukrainian Drones Shot Down Over Moscow in Largest Drone Attack

InternationalDonald Trump Pauses Military Aid To Ukraine Days After Clash With Volodymyr Zelensky

InternationalVolodymyr Zelenskyy Rejects Calls for Immediate Ukraine-Russia Ceasefire, Says 'Failure for Everyone'

International Realted Stories

InternationalCanada elections: Liberal Party projected to form gov again

InternationalLiberal leader Mark Carney set to hold on to power in Canada

International"I'm very grateful for it," American author Stephen Knapp on winning Padma Shri

International"Will serve yoga community in Kuwait, GCC," Padma awardee Sabah says post win

InternationalIsrael's Shin Bet chief announces resignation, will step down on June 15