European Parliament approves accelerated provision of 5-billion-euro tranche to Kyiv

Members of the European Parliament at the plenary session, by a majority of votes, have supported the application of an urgent procedure for providing the second tranche of macro-financial assistance to Ukraine for 5 billion euros.

The voting on this issue should take place on September 15.

In July, the European Union approved assistance to Ukraine in the amount of up to 9 billion euros, but so far only a 1 billion tranche has been sent. Of the total, up to 5 billion euros will be provided in the form of long-term loans under guarantees, and about 4 billion in grants.

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