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Ukraine gets $634mn financial aid from EU

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 Kyiv announced

By IANS
IANS Photo
IANS Photo

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 Kyiv announced.

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"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.

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Also read:War in Ukraine: Why it is unlikely to end soon

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