Ukraine gets another €1.5bn of EU macro-financial assistance

The European Union on Tuesday disbursed a EUR 1.5 billion tranche of macro-financial assistance as part of its long-term programme of supporting Ukraine.

"Today we are providing another €1.5 billion to Ukraine under our annual macro-financial assistance package," European commission president Ursula von der Leyen announced on Twitter.

"We will continue helping Ukraine resist Russia’s aggression, keep its institutions and infrastructure running, and conduct crucial reforms."

Late last year, the EU and Ukraine agreed on a EUR 18 billion macro-financial assistance package for 2023, designed to cover Ukraine's state budget deficit.

Today’s is the third tranche of EU macro-financial assistance Ukraine has received, the previous two totalling EUR 4.5 billion having been disbursed in January and March.