60 billion to strengthen Ukraine’s defence, 30 billion in macro-financial assistance and budgetary support. Ukraine must continue with democratic reforms and the fight against corruption. The loan will be financed by the issuance of common EU debt, and Ukraine will repay it once it receives war reparations from Russia. The plenary gave the green light […]
Commission provides €1 billion in macro-financial assistance to Egypt
Last January 15, the European Commission disbursed €1 billion in Macro-Financial Assistance (MFA) to Egypt, an important commitment of the EU-Egypt Strategic Comprehensive Partnership signed in March 2024. Ursula von der Leyen, President of the European Commission said: “Egypt is an important strategic partner for the European Union. Last January 15’s €1 billion payment shows both the EU’s commitment to this partnership […]
Ukraine receives another EUR 1 billion from the EU’s G7 loan contribution
The European Commission has disbursed the eighth tranche of its exceptional macro-financial assistance loan to Ukraine, worth EUR 1 billion, further strengthening the EU’s role as Ukraine’s largest donor since the start of Russia’s war of aggression, with overall support of more than EUR 170 billion. 18.1 billion and represents the EU’s contribution under the […]