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Today the European Commission has disbursed the first half (€5 | European Commission

Today the European Commission has disbursed the first half (€500 million) of a new €1 billion Macro-Financial Assistance package for Ukraine.

The second tranche (another €500 million) will be disbursed tomorrow, 2 August.

This additional MFA of €1 billion is part of the extraordinary effort by the EU to help Ukraine to address its immediate financial needs following the unprovoked and unjustified aggression by Russia.

It complements the support already provided by the EU, including a €1.2 billion emergency MFA loan paid out in the first half of the year.

Taken together, the two strands of the programme bring the total MFA support to Ukraine since the beginning of the war to €2.2 billion.

Press release https://europa.eu/!JCjrFV

European Commission #StandWithUkraine