Russia-Ukraine crisis: Kyiv gets 600 million euro financial aid from EU

Ukrainian Prime Minister thanks European Commission President for the aid


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Ukrainian Prime Minister Denys Shmyhal (Photo: Reuters)
Ukrainian Prime Minister Denys Shmyhal (Photo: Reuters)

Published: Sat 21 May 2022, 6:10 AM

Ukraine has received the second tranche of 600 million euros (634 million US dollars) of the European Union’s (EU’s) emergency macro-financial assistance program, the Ukrainian Finance Ministry said Friday.

“The funds will be used to maintain financial stability in Ukraine during the war,” the ministry said in a statement.

Ukrainian Prime Minister Denys Shmyhal welcomed the aid and thanked European Commission President Ursula von der Leyen for the aid.

The EU decided to allocate 1.2 billion euros (1.26 billion dollars) in emergency assistance for Ukraine in February. Ukraine received 600 million euros from the aid package in March.


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