EU member State Finance Secretary agrees to provide 5 billion euros loans to Ukraine

Author:Jilin Daily Time:2022.09.11

On the 9th local time, at the EU Informal Ministerial Minister of Finance held in Prague, the Czech capital Prague, the financial ministers of the member states agreed to provide 5 billion euros of loans to Ukraine to help them maintain the operation of schools, hospitals and national institutions, and respond to Russia and Ukraine.conflict.Slovakian Treasury Secretary Matovich said the amount would be enough to pay Ukraine for about a month.

The European Commission proposed a plan to continue to provide loans to Ukraine on September 7.At present, the above resolutions still need to be approved by the EU member states and the European parliament to take effect.

The 5 billion euro loan is part of the 9 billion euros announced in May this year to help the Ukraine Plan.The first batch of 1 billion euros has been distributed in early August.Czech Treasury Secretary Stan Urana stated in a statement that the EU was about to hold a meeting to determine how the remaining 3 billion euros were allocated according to the loan part and the gift part.

Source: CCTV News Client

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