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Posted On

17
March
2023

EU announces another EUR 1.5 bln tranche of macro-financial aid to Ukraine next week

KYIV. March 17 (Interfax-Ukraine) – The European Union plans to provide Ukraine with the second tranche of macro-financial assistance (MFA) in 2023 for EUR 1.5 billion next week, Vice-President of the European Commission Valdis Dombrovskis said on Twitter.

“We expect to make second MFA+ payment next week – EUR 1.5 billion in emergency support to help Ukraine meet immediate needs,” he said on Twitter on Friday.

As reported, in December last year, the EU Council approved a decision on macro-financial assistance to Ukraine for 2023 in the amount of EUR 18 billion. The loan was provided with a 10-year grace period. In January, Kyiv received the first tranche – EUR 3 billion. Subsequent payments are expected monthly from March in the amount of EUR 1.5 billion.