EU ministers back €5 billion loan to Ukraine
Prague, 10 September Finance and economy ministers of European Union (EU) member states have agreed to support the rapid adoption of additional financial assistance to Ukraine in the amount of €5 billion .
“The new €5 billion loan will be used for day-to-day state management and to ensure the functioning of the country’s critical infrastructure, such as offices, schools and hospitals,” the Czech finance minister said. , Zbynek Stanjura, in a statement. statement on Friday after the first day of an informal meeting of ministers and central bank governors of member states.
Stanjura added that he would also push for “a quick agreement on the release of the remaining €3 billion”.
The EU has pledged €9 billion in aid to Ukraine.
At the beginning of August, Ukraine received 1 billion euros from the aid program in two tranches.
Besides the loan package, meeting participants also discussed here ways to protect citizens from high energy prices.
“The current situation in the energy markets requires an immediate EU-wide solution,” Stanjura said in the statement.
“Personally, I consider it reasonable to cap at European level the prices of electricity of origin other than gas, which generates huge profits, and also to separate electricity prices from gas prices “, did he declare.
The Czech minister further said that his country intended to present a new set of measures next week, which he said would work alongside any EU-level solution to be agreed by member states.
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