EU disburses a new one-billion-euro loan tranche to Ukraine
EU disburses a new one-billion-euro loan tranche to Ukraine
Published by Global Banking and Finance Review
Posted on May 8, 2025
Published by Global Banking and Finance Review
Posted on May 8, 2025
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)
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