Ukraine gets $634 million financial aid from European Union

Kiev: 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.

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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.

Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later… More »
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