{"id":34528,"date":"2022-07-13T07:02:20","date_gmt":"2022-07-13T07:02:20","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=34528"},"modified":"2022-07-13T07:02:20","modified_gmt":"2022-07-13T07:02:20","slug":"eu-sends-e1bn-in-financial-aid-to-ukraine-amid-russian-war","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/07\/13\/eu-sends-e1bn-in-financial-aid-to-ukraine-amid-russian-war\/","title":{"rendered":"EU sends \u20ac1bn in financial aid to Ukraine amid Russian war"},"content":{"rendered":"<div class=\"detailtext lang-en\" lang=\"en\">\n<p><span class=\"dateline\"><span class=\"credit\">The <\/span><\/span><a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/05\/06\/eu-to-mark-european-day-after-3-years-of-virtual-celebration\/\">European Union (EU)<\/a> is to send <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/19\/ukraine-war-bulgaria-remains-committed-to-eu-posture-ambassador\/\">Ukraine<\/a> \u20ac1 billion ($1 billion) in loans as financial aid to shore up the country\u2019s state amid the <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/03\/31\/russian-delegation-defends-presence-at-fifa-congress-despite-ukraine-invasion\/\">Russian invasion<\/a>, EU finance ministers agreed on Tuesday.<\/p>\n<p>\u201cThis will give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure,\u201d Czech Finance Minister Zbyn\u011bk Stanjura said in a statement.<\/p>\n<p>The Czech Republic currently holds the EU\u2019s rotating six-month presidency.<\/p>\n<p>A meeting of EU finance ministers in Brussels chaired by Stanjura gave the green light to the financial package.<\/p>\n<p>The loans are part of European Commission proposals from May to provide up to \u20ac9 billion\u00a0in financial aid until the end of the year to Ukraine amid Russia\u2019s invasion.<\/p>\n<p>The \u20ac1 billion agreed on Tuesday is to help the Ukrainian state meet public costs like paying wages and keeping hospitals and schools open, among other things.<\/p>\n<p>The latest financial aid package, issued as a long-term loan on favourable terms, brings the total amount of economic assistance to Ukraine to \u20ac2.2 billion, excluding military and humanitarian aid support.<\/p>\n<p>Back in February, just days before Russia attacked Ukraine, the EU\u00a0agreed to issue Ukraine \u20ac1.2 billion in loans as macro-financial assistance.<\/p>\n<p>European Commission President Ursula von der Leyen said on Twitter that the financial support could reach Ukraine before the end of July.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The European Union (EU) is to send Ukraine \u20ac1 billion ($1 billion) in loans as financial aid to shore up the country\u2019s state amid the Russian invasion, EU finance ministers agreed on Tuesday. \u201cThis will give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure,\u201d Czech Finance Minister Zbyn\u011bk [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":25570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[238],"tags":[2617,6574,1462],"class_list":["post-34528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-european-union-eu","tag-russian-invasion","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EU sends \u20ac1bn in financial aid to Ukraine amid Russian war &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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