EU intends to provide Ukraine with first tranche of macro-financial assistance promptly

"The macro-financial assistance we put on the table is an emergency assistance, it's very similar to what we did during the first wave of the COVID-19 pandemic. Then we simplified the process and paid the first tranche very quickly. We will do the same in this case," EU Commissioner for Neighborhood and Enlargement Olivér Várhelyi said at a briefing after the meeting of the Commission for coordination of the implementation of the EU-Ukraine Association Agreement on January 26, an Ukrinform correspondent reported.

According to him, the EU wants to make the first payments as soon as possible.

"It will, of course, depend on how quickly we can complete the work on the memorandum, but we are ready to move on with the payments within weeks," he said.

EU Commissioner for Neighborhood and Enlargement Olivér Várhelyi makes a visit to Ukraine on January 26-27.

On January 24, European Commission President Ursula von der Leyen announced that the European Commission would provide Ukraine with a new package of financial assistance worth 1.2 billion euros.

According to her, the package will help Ukraine "meet its financial needs amid a possible armed conflict and support Ukraine's efforts to strengthen its resilience."

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