We talk about MacRO -Financial Credit for Ukraine, which is due to receipts from the states of Russian assets frozen the EU.
The European Commission pays the Ukraine 1 billion euros in the loan framework from the G7, which will be paid and delivered by revenues from blocked Russian properties. It was reported on the EC website on Thursday, March 20.
“Today, the European Commission is paying additional tranche for 1 billion euros in the framework of extraordinary MacRO -Financial Credit for Ukraine, which must be paid due to receipts from the state of Russian assets frozen the EU. It has strengthened EU’s role as the largest donor from the beginning of the Russian war against Ukraine,” the report said.
The European Commission recalled that the total contribution of the EU for this assistance for Ukraine was 18.1 billion euros, and its total amount was approximately 45 billion euros.
With the current payment, the total volume of loans provided by the European Commission in Ukraine as part of the macrophine has reached 4 billion euros from the beginning of the year.
“Ukraine negotiations are ongoing about the schedule of the following payments. The European Commission is willing to move the MFA balance in accordance with the country’s needs, as European leaders have called a special European council at the beginning of this month,” Brussels said.
Note that this week the European Union council approved the payment of the third payment in Ukraine as part of the Ukraine facility for nearly 3.5 billion euros. Kyiv fulfilled the necessary conditions to receive a third payment from the Ukrainian mechanism.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.