EU disburses a new one-billion-euro loan tranche to Ukraine
Tweet
Share
E-mail
A view shows the building hit by a Russian drone strike, amid Russia's attack on Ukraine, on the outskirts of Kyiv, Ukraine May 7, 2025. REUTERS/Yan Dobronosov
BRUSSELS (Reuters) - The European Commission said on Thursday it had disbursed the fourth tranche of its exceptional macro-financial assistance (MFA) loan to Ukraine worth 1 billion euros ($1.1 billion) under a G7 loan initiative.
"The EU continues to support Ukraine – politically, financially, economically and militarily. Today we are disbursing a further 1 billion euros under the 45 billion euros G7 Extraordinary Revenue Acceleration initiative – the 4th disbursement this year," said EU Commissioner Valdis Dombrovskis in a statement.
($1 = 0.8860 euros)
(Reporting by Sudip Kar-Gupta; Editing by Bernadette Baum)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Italian state broadcaster RAI removes veteran journalist, sparking political storm
- Hungry bears wander into US West homes, shops in record numbers
- China's CXMT to supply memory chip for Xiaomi's upcoming folding phone
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
