The EUR 500 million in EU aid came to Ukraine this week in the form of a loan at an annual rate of 1.25%, with maturity in April 2033

The EUR 500 million in EU aid came to Ukraine this week in the form of a loan at an annual rate of 1.25%, with maturity in April 2033, the Finance Ministry reports. Dragon Capital writes: “Despite the upcoming elections, Ukraine’s heavy funding needs — estimated at $10.6 billion in 2019 — and scant funding options will force authorities to rely on official financing and meet necessary conditions, we think. We expect the next [EU] tranche to arrive in 2019, most likely in the first half of the year.”