Monday, May 12, 2025
spot_img

Ukraine hopes for Germany’s help in getting 8bn euros from EU

Date:

Share post:

spot_imgspot_img

Kiev, Aug 9 : Ukraine is hoping for Germany’s assistance in receiving 8 billion euros (about $8.17 billion) in aid from the European Union (EU), Ukrainian Prime Minister Denys Shmyhal said.

“Germany will help Ukraine quickly receive the next 8 billion euros of macro-financial assistance from the EU and will take the lead in this process,” Shmyhal wrote on Facebook this Monday after online talks with German Finance Minister Christian Lindner.

Since the start of the Russia-Ukraine conflict, Germany has provided significant financial aid for Kiev, he said, without giving exact figures, Xinhua news agency reported.

Kiev is also counting on Germany’s support in the efforts to postpone Ukraine’s foreign debt payments and launch a new cooperation programme with the International Monetary Fund, the Ukrainian Prime Minister added.

On June 24, the European Commission announced plans to issue up to 9 billion euros in loans to support Ukraine under a new exceptional Macro-Financial Assistance (MFA) program.

In early August, Ukraine received 1 billion euros of the aid package in two tranches.(IANS)

spot_imgspot_img

Related articles

VPP questions need for all-party panel on railway projects

SHILLONG, May 11: The Voice of the People Party (VPP) has justified its decision to opt out of...

Dhar trashes HNLC claims as baseless

SHILLONG, May 11: Deputy Chief Minister Sniawbhalang Dhar on Sunday dismissed as “false and baseless” the claims of...

Conrad urges Edn min to allot CUET centres within state

SHILLONG, May 11: Chief Minister Conrad K Sangma has urged Union Minister of Education, Dharmendra Pradhan, to direct...

NEHU speaks out against dual affiliation for colleges

Shillong, May 11: The North-Eastern Hill University (NEHU) has clarified that its Act does not allow any college...