First tranche of €90 billion from the EU could arrive in Ukraine next week - Kos

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Marta Kos announced the first payment from the €90 billion loan for next week. The funds will be allocated to Ukraine's domestic defense production.

The European Union may make the first payment from the recently agreed 90 billion euro loan package for Ukraine next week. This was stated on Monday by EU Commissioner for Enlargement Marta Kos, reports UNN with reference to Reuters.

Details

Last month, the EU officially agreed on a 90 billion euro loan, which is intended to cover two-thirds of Ukraine's needs for the next two years.

"I hope that next week we will be able to make the first payments," Kos told reporters in Brussels.

Recall

As President Volodymyr Zelenskyy reported, Ukraine plans to direct funds from the first tranche of the 90 billion euro European support package toward domestic production for the country's defense. 

EU officially approved €90 billion for Ukraine and adopted the 20th package of sanctions against Russia23.04.26, 14:51

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