Ukraine has received another 1 billion euros ($1.1 billion) in macro-financial assistance from the European Union as part of a G7 loan, Prime Minister Denys Shmyhal announced on June 13. “This is the fifth tranche of macro-financial assistance from the EU under the ERA Extraordinary Revenue Acceleration) initiative,” Shmyhal wrote on social media. “The funds […]
The EU is allocating another financial assistance tranche of 1 billion euros ($1.1 billion) as part of the G7 loan program for Ukraine, Prime Minister Denys Shmyhal announced on April 9. “We are grateful to our partners for supporting the economy and the rapid recovery of our country,” Shmyhal said after meeting EU Economy Commissioner […]
Ukraine has received the latest installment of the International Monetary Fund’s (IMF) budget support amounting to $400 million, Prime Minister Denys Shmyhal said on March 31. The funds represent the latest tranche of the Extended Fund Facility (EFF) program, which will provide Kyiv with $15.6 billion in budget support over four years. With the additional […]
Ukraine will receive 3.5 billion euros ($3.8 billion) after the Council of the EU approved the third installment of non-refundable grants and loans under the Ukraine Facility program, the Council announced on March 17. With this disbursement, Ukraine will have received nearly 20 billion euros ($21.7 billion) under the Ukraine Facility since the program was […]
Canada is disbursing the first installment of 5 billion Canadian dollars ($3.5 billion) it contributed to the G7’s $50 billion loan for Ukraine, Canadian Prime Minister Justin Trudeau announced on Feb. 24. The G7 loan, shouldered mainly by the U.S. and the EU, will be repaid by proceeds from roughly $300 billion in Russian assets […]
Ukraine will receive a new tranche of 3.5 billion euros ($3.7 billion) from the European Union in March, European Commission President Ursula von der Leyen announced on Feb. 24 at the international Support Ukraine summit in Kyiv. Von der Leyen’s statement came during her official visit to Kyiv on the third anniversary of Russia’s full-scale […]
The European Union will receive a second tranche of 2 billion euros ($2.05 billion) from profits generated by frozen Russian Central Bank assets that are meant for Ukraine and its war effort. Euroclear, the Belgian-based clearing house, sent its first payment of 1.55 billion euros ($1.7 billion) last July after the EU passed legislation that […]
Ukraine has received 3 billion euros ($3 .09 billion) from the EU, the first tranche of loans from the bloc funded by proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Jan. 10. The money has been provided through the Extraordinary Revenue Acceleration (ERA) initiative, in which G7 countries pledged to provide Ukraine […]