Ukraine receives first 3 bln euro tranche of G7 loan

Ukraine Receives First 3 Billion Euro Tranche of G7 Loan From EU, Prime Minister Says
KYIV (Reuters) - Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of the Extraordinary Revenue Acceleration (ERA) loan agreed for Ukraine by the G7 group of countries, its prime minister Denys Shmyhal said on Friday.
Ukraine receives first 3 bln euro tranche of G7 loan from EU
Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of a loan agreed by the Group of Seven members and backed by the earnings from frozen Russian sovereign assets,
Ukraine receives first €3 billion from EU as part of US$50 billion G7 loan
Ukraine has received the first tranche of €3 billion from the amount allocated by the European Union for a joint loan from the G7 to Ukraine, which will be repaid using proceeds from frozen Russian assets.
Ukraine receives €3bn from EU as part of major G7 aid package
Ukraine on Friday received €3 billion ($3.1 billion) from the European Commission as part of a major aid package pledged by the Group of Seven (G7) leading economies. The G7 and the European Union aim to provide Ukraine with a loan of $50 billion,
Ukraine receives first 3 billion euro tranche of G7 loan from EU
Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of a loan agreed by the Group of Seven members and backed by the earnings from frozen Russian sovereign assets,
EU transfers first $3 billion from frozen Russian assets to Ukraine
According to Ukraine’s Ministry of Finance, these funds will be used to finance priority state budget expenditures, including social programs, military needs, and critical infrastructure restoration.
EU provides Ukraine with $3 billion, first tranche of loans from bloc backed by Russian frozen assets
"This is the first tranche of funds from the European Union, secured through income from frozen Russian assets," Prime Minister Denys Shmyhal said.
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