EU provides Ukraine with first EUR 300M in emergency macro-financial assistance

The European Union has provided Ukraine with the first EUR 300 million in emergency macro-financial assistance from a EUR 1.2 billion package.

“Putin’s war exerts brutal military and economic pressure on the brave people of Ukraine. Europe stands firmly by their side. Today we disbursed €300 million in emergency Macro-Financial Assistance to Ukraine. This is the 1st payment of a €1.2 billion package. So more will come,” she wrote.

In turn, Prime Minister of Ukraine Denys Shmyhal thanked the EU for the first EUR 300 million of the macro-financial assistance to Ukraine. "Thank you for urgent decisions," he wrote on Twitter.

As Ukrinform reported, the decision to provide macro-financial assistance to Ukraine was made by the European Parliament and the European Council on February 24, 2022, and then approved by the European Commission on March 1.

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