The funds are part of a bigger package of financial support for Kiev which is still being discussed by the bloc’s members
The European Council on Tuesday approved an additional €1 billion loan to Ukraine “as a matter of urgency” and pledged to provide Kiev with more help “in the coming months.”
According to the council’s statement, the total macro-financial support from the EU to Kiev since the end of February, when Moscow launched its military operation in the neighboring country, has now reached €2.2 billion.
The loan is supposed to “give Ukraine the necessary funds to cover urgent needs and ensure the operation of critical infrastructure,” Czech Finance Minister Zbynek Stanjura said.
The Czech Republic currently presides in the EU Council.
European Commission Executive Vice President Valdis Dombrovskis hailed the decision, saying that as “Ukraine is an economy at war,” it “badly needs” short-term assistance.
“The EU is…
