EU disburses 600 mln euros in assistance to Ukraine

KYIV. May 20 (Interfax-Ukraine) - The European Union has disbursed an assistance package of 600 million euros to Ukraine, European Commission President Ursula von der Leyen said.

"Today, we disbursed a new tranche of 600 million euro in Macro-Financial Assistance to Ukraine," von der Leyen said on Twitter on Friday.

"More is coming - we proposed an additional 9 billion euro loan for Ukraine in 2022," she said.

The EU will also work on a reconstruction platform to help rebuild Ukraine, von der Leyen said.

The Ukrainian Finance Ministry said later that the country received the second 600-million-euro tranche of the European Union's current 1.2-billion-euro Macro-Financial Assistance (MFA) program.

"The funds will be spent on maintaining financial stability in Ukraine," it said.

Taking into account the 300-million-euro tranches disbursed on March 11 and 18, 2022, Ukraine has now received the full amount of the EU's emergency MFA package the parties had signed on March 3, the ministry said.

As reported, the European Council in February adopted emergency macro-financial assistance of 1.2 billion euros for Ukraine. On May 18, the European Commission proposed providing a new MFA amounting up to 9 billion euros for Ukraine.