The Council of the European Union has announced today the decision to allocate an additional EUR 1 billion of additional macro-financial assistance to Ukraine, as a matter of urgency, which will be directed to the country’s priority needs, Report informs, citing the European Council’s website.
“The Council today decided to provide €1 billion of additional macro-financial assistance (MFA) to Ukraine, as a matter of urgency. Together with the emergency MFA of € 1.2 billion disbursed earlier this year, the total macro-financial support from the EU to Ukraine since the start of the war now reaches € 2.2 billion and it is expected to increase further in the coming months,” the document reads.