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EU sends €5 billion to Ukraine

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While threatening to withhold €7.5 billion in funding from member state Hungary, the European Council has just approved a €5 billion installment to Ukraine, which represents the second tranche of a total of €9 billion in planned assistance.

Axar.az reports the payment of €5 billion represents the largest installment of the macro-level financial support of the €9 billion approved in June for the reconstruction of Ukraine and the repayment of its international loans.

Date
2022.09.21 / 14:09
Author
Axar.az
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