Ukraine receives first tranche of assistance from EU for 500M euros

Ukraine has received the first tranche of macro-financial assistance from the EU in the amount of 500 million euros, the next one is planned for August 2, Prime Minister Denys Shmyhal said, Report informs citing UNIAN.

“The European Union has sent Ukraine 1 billion euros of exceptional macro-financial assistance. The first tranche of 500 million euros has already been credited to the NBU account. We expect the second tranche to arrive tomorrow,” he noted.

He added that 1 billion euros is part of a large package of support for Ukraine in overcoming the financial consequences of the war for a total of 9 billion euros. The funds will help finance priority budgetary needs.