EU disburses a new one-billion-euro loan tranche to Ukraine

May 8, 2025 6:13 AM EDT

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





Related Categories

Reuters