Ukraine, EU sign memorandum on EUR 18 billion in assistance, with first tranche soon to arrive
Prime Minister Denys Shmyhal (Photo:Денис Шмигаль / Telegram)
Ukraine and the European Union have signed a Memorandum of Understanding (MOU) on EUR 18 billion in pledged macro-financial assistance, Ukrainian Prime Minister Denys Shmyhal tweeted on Jan. 16.
“Ukraine and the EU have just signed a Memorandum of Understanding to provide EUR 18 billion in macro-financial assistance,” he tweeted.
The prime minister noted that Ukraine expects to receive the first tranche of EUR 3 billion this week.
“This will help maintain macroeconomic stability going forward,” he said.
In December 2022, the EU agreed to provide Ukraine with EUR 18 billion in macro-financial assistance. The amount will be transferred in tranches during 2023.
Follow us on Twitter, Facebook and Google News
