“The European Commission states readiness to transfer the rest of the MFDs according to Kyiv’s needs”, – WRITE: www.radiosvoboda.org
“The European Commission has allocated an additional tranche of 1 billion euro of its exclusive macro -financial assistance (MFD) to Ukraine, which should be repaid by the revenues from frozen state assets of Russia in the EU, which strengthens the role of the EU as the largest donor since the beginning of the war of Russia against Ukraine,” the statement said.
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The total amount of macro -financial assistance is 18.1 billion euros, the commission reminds. It is a contribution of the EU to the Seven Group initiative, which aims to provide approximately 45 billion euros of financial support to Ukraine.
Negotiations with Ukraine on the schedule of the following payments are underway. The commission states the willingness to transfer the rest of the MFDs in accordance with Kyiv’s needs, as European leaders in the Special European Council in early March called.
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“Today’s payment of 1 billion euros we confirm our unwavering commitment to Ukraine. We help the country’s economy to take a course and restore critical infrastructure damaged by Russian aggression. We will continue to support Ukraine as much as we will need, ”said the President of the European Commission Ursula von Der Lyen.
In January Prime Minister Denis Shmigal reported that Ukraine has received 3 billion euros from the European Union within the limits of the “extraordinary credit to support Ukraine” initiative.
Schmigal reminded that ERA is the initiative of the Seven Group and provides for $ 50 billion in Ukraine, of which 20 billion provides the European Union.
