EU approves macro-financial package to provide additional 5 billion dollars to Ukraine ...Egypt

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EU approves macro-financial package to provide additional 5 billion dollars to Ukraine
source : EGYPT INDEPENDENT ( Egypt ) () 19
The EU Council on Tuesday cemented an additional 5 billion euros (nearly $5 billion) in macro-financial assistance for Ukraine by formally adopting the move agreed by the bloc’s finance ministers earlier this month, according to the Council’s website. This marks the second stage of the EU’s mobilization of up to 9 billion euros (nearly $9 billion) to support Ukraine’s macro-financial stabilization, “strengthen the immediate resilience of the country and sustain its capacity towards recovery,” the statement reads. It follows the 1 billion euros (about $1 billion) package adopted by the EU Council in July. While the total macro-financial assistance package is made up of both loans and grants,

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