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EC disburses EUR 500-mln to Ukraine after IMF approves loan
Journal Staff Report

KYIV, June 10 – The European Commission, after the approval by the IMF Executive Board of a new Stand-By Arrangement for Ukraine on Wednesday, provided Kyiv with EUR 500 million in the framework of the fourth macro-financial assistance, Prime Minister of Ukraine Denys Shmyhal has said.

"We are grateful to the EU for the positive assessment of the process of implementing reforms in Ukraine. The funds received will strengthen the economy against the backdrop of the global crisis," he said on Twitter.




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