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EU transfers 500m euros of macrofinancial aid to Ukraine

The EU continues to support Ukraine.

EU transfers 500m euros of macrofinancial aid to Ukraine
Photo: EPA/UPG

The EU has allocated 500m euros of the first tranche of macrofinancial aid to Ukraine.

"Today the EU disburses EUR 500 million of macro-financial assistance to Ukraine. The EU continues its strong engagement in #Ukraine, and support for its people #EUUkraine," the vice-president of the EU Commission for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis, tweeted.

He added that the EU continues to support Ukraine.

A source in the Finance Ministry confirmed the transfer.

The European Commission approved the 500m-euro tranche on 30 November.

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