EU sent the third €1.5B tranche of microfinance aid, increasing the total aid to €6B in 2023. Previously, Ukraine received the first tranche of €3B in January 2023, and the state budget received the second tranche of €1.5B in March. Thus, the volume of direct 2023 budget support from the EU ha... #EUfinancialAid #SerhiyMarchenko #UrsulavonderLeyen
Hungary has blocked €500M in aid for Ukraine, but the EU has a backup plan. Hungary has blocked access to the European Peace Fund money that EU countries have been using to purchase weapons for Ukraine. According to a high-ranking EU diplomat, EU countries will put pressure o... #EUfinancialAid #EuropeanPeaceFund #HungaryVeto
Ukraine and the EU have signed a memorandum on €18B in macro-financial aid; the first €3B will arrive on January 17. European Commission President Ursula von der Leyen announced that the first €3B of macro-financial assistance to Ukraine will arrive on January 17. Preferential loan funds will be transferred to Ukrai... #EUassistance #EUfinancialAid #UrsulavonderLeyen
Ukraine expects to sign a memorandum on a new macro-finance agreement with the EU by the end of the year. Ukraine expects to sign a memorandum by the end of 2022 on the provision of €18B in macro-financial assistance from the European Union in 2023, Prime Minister Denys Shmyhal said. There are conditions... #DenysShmyhal #EUandUkraine #EUfinancialAid #UkraineBudgetDeficit
The EU agrees on an €18B Ukraine aid package after Hungary drops its opposition. EU member states have approved plans to provide an €18B aid package for Ukraine in 2023 after Hungary dropped its opposition in return for funding from the EU, reported CNN. Hungary had initially bloc... #EUfinancialAid #HungaryVeto #UrsulavonderLeyen
Next month, Ukraine will receive the first tranche of the new EU microfinance aid package. According to the Ukrainian Ministry of Finance, Ukraine will receive the first tranche of €18B in EU macro-financial assistance in January 2023. On December 10, the Council of the European Union suppo... #EUfinancialAid #financialaidforUkraine #SerhiyMarchenko
Hungary has blocked the provision of €18B to Ukraine. On December 6, in Brussels, at the meeting of finance ministers from the EU member states, there was no green light given regarding €18B in economic aid for Ukraine. Hungary is still blocking these fu... #EUfinancialAid #VictorOrban #ZbigniewStanyura
Ukraine has been left without €3B worth of macro-financial aid this year but will receive €2.5B by the end of the month. According to European Commission, the EU will not be able to allocate €3B to Ukraine, the last third of the funds provided by the €9B macro-financial assistance program. According to the Deputy Chairm... #EUfinancialAid #financialaidforUkraine #ValdisDombrovskis
Hungary refuses to contribute to €18B macro-finance aid to Ukraine. Hungary will not make a financial contribution to the EU’s long-term joint credit to support Ukraine’s state budget in 2023, said the Minister of Foreign Affairs of Hungary, Peter Szijjártó. “We... #EUfinancialAid #PeterSijarto #UrsulavonderLeyen
The European Commission will provide €18B in financial assistance to Ukraine. The President of the European Commission, Ursula von der Leyen, informed President Zelenskyy that this week she will propose a substantial financial package from the EU of up to €1.5B a month, totali... #EUfinancialAid #UrsulavonderLeyen #Zelenskyy
The European Commission has prepared three financial support mechanisms for Ukraine, writes Politico. The European Commission wants to attract up to €18B in loans and grants to cover half of Ukraine’s expected budget deficit of $38-40B in 2023. The first option, which the Commi... #EUfinancialAid #financialaidforUkraine #UkraineBudgetDeficit
The European Commission has promised to pay €9B in microfinance assistance by the end of the year. At the EU summit, the finance ministers from the participating countries were instructed to develop a mechanism to allocate at least €18B to Ukraine in 2023, said the President of the European Commiss... #EUfinancialAid #UrsulavonderLeyen
Ukraine has received €2B from the EU. On October 18, Ukraine received €2B in macro-financial assistance from the EU to support its economic stability, Prime Minister Denys Shmyhal announced. According to the head of the government, this a... #DenysShmyhal #EUfinancialAid
The European Commission will announce the presentation of a financial assistance plan for Ukraine in the coming weeks, EC Vice President Valdis Dombrovskis said. According to Dombrovskis, Ukraine’s financing needs are growing. Therefore, a more strategic financing plan should be considered to ensure Ukraine’s e... #EUfinancialAid #EuropeanCommission #ValdisDombrovskis
The US is unhappy with the EU’s financial aid delay. The US is urging the EU to increase financial aid to Ukraine, whose economic situation is deteriorating due to the constant hostilities, writes The Washington Post. US Treasury Secretary Janet L. Yell... #EUfinancialAid #InflationinUkraine #JanetYellen
The EU plans to allocate $1.5B monthly in 2023. Ukraine is negotiating with the EU, the US, and the IMF to provide comprehensive support for Ukrainian public finances in 2023. This will ensure a predictable environment for business and the populati... #EUfinancialAid #ValdisDombrovskis #YuliyaSvyridenko
Germany promises to release €8B in aid from the EU. Germany will help Ukraine to quickly receive the next €8B in macro-financial assistance from the EU and will take the lead in this process, said German Finance Minister Christian Lindner. The Prime Mi... #EUfinancialAid #FinancialSupportforUkraine #macro_financialsupport
The EU will provide €9B in macro-financial support to Ukraine. European Union leaders have decided to provide Ukraine with a €9B loan to meet urgent budget needs, stated European Commission President Ursula von der Leyen. Currently, Ukraine needs about €5B a mon... #9BaidforUkraine #AidforUkraine #EUfinancialAid #EUsummit
The European Parliament has approved €1.2B in macro-financial assistance for Ukraine. The EU Parliament voted in favor of the European Commission’s proposal to provide new macro-financial aid to Ukraine in the amount of EUR 1.2B. The first tranche of €600M is unconditional and wi... #EUandUkraine #EUfinancialAid
The EU plans to allocate new macro-financial aid to Ukraine, beyond previous €1.2B. The European Union intends to quickly allocate a new tranche of macro-financial assistance to Ukraine if the conditions of the previous macro-financial package are met, stated the Vice President of th... #EUaidforUkraine #EUfinancialAid
The European Commission plans to mobilize up to €6.5B in investments to support Ukraine’s economy. EU Enlargement and Neighborhood Commissioner Oliver Vargei said during the meeting with the President of Ukraine, “Today in Kyiv, together with President Zelensky, I reaffirmed the EU’s c... #EUandUkraine #EUfinancialAid #financialaidforUkraine
EU disburses €600 mln in Macro-Financial Assistance to Ukraine. This is the second and final tranche under Ukraine’s current MFA program following the first €600 million disbursements in December 2020. With this payment, the outstanding amount of loans to Uk... #EUfinancialAid #EUhelpsUkraine
600 million in macro-financial assistance awaited from EU. Presidential economic advisor Ustenko also affirmed that Kyiv expects this support by September 14. #EUandUkraine #EUfinancialAid #EUhelpforUkraine
