EU countries adopt further €5 billion credit for Ukraine
The Council of the European Union, the institution representing the bloc’s 27 member countries, formally adopted a further €5 billion in loans for Ukraine on Tuesday.
“The European Union stands by Ukraine. We deliver on our promises and help ensure that the Ukrainian state and its key infrastructure can continue to function despite Russia’s war of aggression.”
Czech Finance Minister Zbyněk Stanjura said in a press release that the instalment was part of an aid package worth €9 billion announced by the European Commission in May.
The European Parliament approved the €5 billion tranche last week.
A total of €1 billion of the so-called macro-financial assistance (MFA) for Ukraine was disbursed in early August.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Economy
Nigeria rises four places to eighth in 2026 Bloomberg Economics Investment Risk-O-Meter
The growth was attributed to the economic policies of the Tinubu administration.
Heading 4
Longest-serving Republican speaker Dennis Hastert, soiled by allegations of molesting high school athletes, dies at 84
The deceased, who was speaker from 1999 until 2007, was sentenced in 2016 to more than a year behind bars.
Anti-Corruption
Witness reveals how funds were moved to private accounts in ex-Taraba governor’s trial
The judge adjourned the matter till October 6, 2026, for continuation of the evidence of PW3.
Education
JAMB moves to adopt UTME centre in Canada for 2027
The board said the centre would enable eligible Nigerians living in Canada to sit for the UTME without travelling to Nigeria.
States
No survivors yet in Ondo military helicopter crash, says Gov. Aiyedatiwa
Mr Aiyedatiwa said he got the information about the crash at about 10:30 a.m. on Monday.
Hot news Home top
I don’t want migrants from other countries to turn UK into nation of ‘little ghettos’: Kemi Badenoch
The Tory leader argued that immigrants must respect the culture and values of the UK.
