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EU APPROVES DISBURSEMENT OF €500 MILLION IN MACRO-FINANCIAL ASSISTANCE TO UKRAINE

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Published on: 29-05-2020 Back


 The European Commission, on behalf of the EU, has approved the disbursement of a €500 million loan
 to Ukraine as part of its fourth macro-financial assistance (MFA) programme. With this disbursement, the
 EU has now provided Ukraine with €3.8 billion in MFA loans since 2014. This is the largest amount of
 MFA the EU has disbursed to any single partner country.


 MFA funds are made available in the form of low-interest, long-term loans. The first instalment of €500
 million under the current programme was released in December 2018, after the Ukrainian authorities
 fulfilled the associated policy conditions.
 
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