EU loan to Ukraine could be disbursed within 24 hours - Berlin

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The spokesman for the German government announced the possibility of providing funds after an amendment to the EU budget. The procedure requires Hungary's consent and will be completed this Thursday.

The EU loan to Ukraine of 90 billion euros could be allocated within 24 hours, said German government spokesman Steffen Cornelius, UNN reports with reference to n-tv.

Details

"We welcome this decision," he commented on the decision taken by the EU ambassadors. Now, as stated, a unanimous amendment to the EU's multiannual financial framework (MFF) is needed. The Committee of Permanent Representatives in Brussels has initiated the necessary procedure for this.

Provided that Hungary does not object to the written procedure, an amendment to the deadline is possible. That's 24 hours. Then 90 billion euros can be allocated

- Cornelius noted.

Recall

The Cypriot presidency of the European Union confirmed that EU ambassadors have given preliminary approval for a 90 billion euro loan to Ukraine, with the formal procedure to be completed on Thursday, April 23.

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