EU disburses a new one-billion-euro loan tranche to Ukraine.

EU disburses a new one-billion-euro loan tranche to Ukraine.

International news Desk

According to global Times news agency Europe,The European Commission said on Thursday it had disbursed the fourth tranche of its exceptional macro-financial assistance (MFA) loan to Ukraine worth 1 billion euros ($1.1 billion) under a G7 loan initiative, The global Times Europe media.The EU continues to support Ukraine – politically, financially, economically and militarily. Today we are disbursing a further 1 billion euros under the 45 billion euros G7 Extraordinary Revenue Acceleration initiative – the 4th disbursement this year,” said EU Commissioner Valdis Dombrovskis in a statement.($1 = 0.8860 euros)