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EU Commission disburses further €500m in financial aid to Ukraine

DPA WORLD
Published December 14,2022
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The European Commission disbursed another €500 million ($532 million) to Ukraine on Wednesday as part of a multi-billion package of aid loans.

The latest payment brings the total amount of loans made available to Ukraine by the EU since Russia's invasion of Ukraine in February to €7.2 billion.

The loans are intended to help war-torn Ukraine with public expenses like paying pensions and running hospitals.

Since February, the EU has assisted Ukraine with financial, budgetary and humanitarian aid worth €19.7 billion, the commission said.

For 2023, the commission plans to support Ukraine with €18 billion.