EU Commission disburses further €500m in financial aid to Ukraine
- World
- DPA
- Published Date: 03:11 | 14 December 2022
- Modified Date: 03:11 | 14 December 2022
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.
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