From July 1, for the next 6 months, Prague will preside over the European Union. As guaranteed by prime minister Petr Fiala, the Czech Republic took a course to actively promote the urgent needs of Ukraine, protect it, and sponsor the victory.
Today, at the meeting of the presidency of the Czech Republic in the Council of the European Union, the country approved the provision of a macro-financial assistance package to Ukraine.
"€1 billion to Ukraine! After a sped-up adoption, the EU will provide the war-stricken state with macro-financial assistance. Money will go to different areas. Czech Presidency fulfills its promises and even more help will follow," Czech Presidency of the Council of the European Union.
The information was also confirmed by Valdis Dombrovskis, EU Commission executive vice-president for the economy.
"The EU is stepping up its financial support to Ukraine: the EUROPE UNION ministers just approved a €1 billion Ecofin loan. This is part of the new exceptional macro-financial assistance package. Ukraine is an economy at war. It badly needs short-term funding. The EU is there to help #StandWithUkraine," Valdis Dombrovskis.