December 22, 2024
The European Commission will start paying a loan to Ukraine at the expense of the frozen assets of the Russian Federation from January thumbnail
Economy

The European Commission will start paying a loan to Ukraine at the expense of the frozen assets of the Russian Federation from January

The European Commission (EC) announced on Thursday the decision to pay Ukraine a loan within the scope of macro-financial assistance of 18.1 billion euros from the beginning of 2025, which will be repaid at the expense of revenues from frozen Russian assets.”, — write: epravda.com.ua

The European Commission (EC) announced on Thursday the decision to pay Ukraine a loan within the scope of macro-financial assistance of 18.1 billion euros from the beginning of 2025, which will be repaid at the expense of revenues from frozen Russian assets. This is reported by “Interfax-Ukraine”. “Today’s decision by the European Commission to allocate 18.1 billion euros to Ukraine took place at a crucial moment. It sends a clear signal that the EU’s long-term commitment to support Ukraine’s struggle for freedom is inviolable,” said Valdis Dombrovskis, Commissioner for Economy and Productivity of the European Commission According to him, this financing will help Ukraine to solve urgent budgetary problems. And it, the European Commissioner noted, is the EU’s contribution to the initiative of the G7 countries regarding loans for Kyiv, secured by revenues from frozen Russian assets, which should total EUR 45 billion.Advertisement: The EUR 18.1 billion loan will be paid in tranches during 2025. The first one should arrive in early January, the European Commission said. “This decision was taken after the commission came to the conclusion that Ukraine has fulfilled all the political conditions agreed upon for the payment of this amount,” the EC communiqué reads. We will remind:Advertisement: The European Union and Ukraine signed a memorandum of understanding on the provision of macro-financial assistance for 18.1 billion euros at the expense of frozen rockets.

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