The Europarliament Allocated More €5 Bln to Ukraine

by Olha Povaliaieva
Thursday, September 15, 2022
1 MIN
The Europarliament Allocated More €5 Bln to Ukraine

On September 15, the European Parliament approved the providing of a part of the macro-financial tranche from the total amount of €9 billion

Today it became known that the European Parliament approved the allocation of a microfinance package of €5 billion to Ukraine. Earlier, the EP has already allocated 1 billion in macrofinancial support to Ukraine to compensate for Ukraine's urgent public expenses. The total amount of the package that will be provided to Ukraine is €9 billion. Another €3 billion Ukraine expects to receive by the end of this year.

"The European Parliament just green-lighted €5 billion in macro-financial assistance to Ukraine. 534 for, 30 against, 26 abstentions. Russia," Rikard Jozwiak, Europe editor of Radio Liberty.

We remind you that on September 12, the IMF decided to provide Ukraine with $1.4 billion as part of the Rapid financing instrument.

You will be interested