site.btaEuropean Parliament Approves EUR 35 Bln Loan for Ukraine
Plenary session of the European Parliament in Strasbourg, October 22, 2024 (BTA Photo/Martina Gancheva)
With 518 votes in favour, 56 against and 61 abstentions, the European Parliament endorsed the new macro-financial assistance (MFA) to help Ukraine against Russia’s war of aggression. This loan is the EU’s part of a G7 package agreed last June, to provide up to USD 50 billion (approximately EUR 45 billion) in financial support to Ukraine, backed by Russian assets.
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