09 October 2024,   07:27
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Germany provides financial aid to Ukraine

The German government has allocated EUR 500 million to Ukraine in assistance,

Merkel’s government agreed Wednesday to fork over an additional 500 million euros in guaranteed credit lines for the Arseniy Yatsenyuk government. The prime minister, known as “Yats” by the U.S. State Department, signed the agreement yesterday.

Merkel’s loan guarantee comes with stipulations that Kiev cannot use the money to fund military operations in the four hotbed provinces on the Russian border. 

The Prime Ministerof Ukraine  told German journalists that during the meeting with Angela Merkel they discussed a number of issues, in particular the implementation of the Minsk agreement and economic projects, "which have been initiated by the Chancellor to support Ukraine".

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