Ukraine and the EU signed a memorandum on the provision of 18 billion euros to Kyiv
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Ukraine and the European Union have signed a memorandum on the provision of 18 billion euros of macro-financial assistance to Kyiv, Prime Minister Denys Shmygal said on his social media page.
“Ukraine and the EU have just signed a memorandum of understanding on the provision of 18 billion euros of macro-financial assistance. This week we expect to receive a tranche in the amount of 3 billion euros,” Shmyhal said.
In December 2022, the European Commission reportedwhich sent Ukraine 500 million euros as part of the previously promised package of macro-financial assistance, this was the last tranche of the year from the general plan approved on May 18 in the amount of 9 billion euros under EU guarantees.
In early December, Hungary supported amendments to EU financial legislation that would allow the allocation of 18 billion euros of macro-financial assistance to Ukraine in 2023. As a result, the European Union The EU and Hungary on December 12 signed a deal that will resolve their differences. As Reuters wrote, Budapest exchanged its consent for a partial unfreezing of the funds promised to it.
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