On Monday, October 3, the EU signed a memorandum of understanding regarding the provision of 5 billion euros in macro-financial assistance to Ukraine. This was announced by the Prime Minister of Ukraine, Denys Shmyhal.
"This is another gesture of the EU, which intends to support the winning of this war, recovery and the desire for a European future," Shmigal added.
The Prime Minister of Ukraine thanked European Trade Commissioner Valdis Dombrovskis and European Commission President Ursula von der Leyen for this decision.
Macro-financial assistance in the amount of EUR 5 billion will be provided to Ukraine in the form of long-term loans on preferential terms. It is the second stage of the implementation of the planned EU macro-financial assistance to Ukraine in the amount of up to 9 billion euros, announced by the European Commission on May 18, 2022.