EU to lend EUR 1.2 billion to Ukraine

RUSSIA / FSU POLITICS - In Brief 24 Apr 2020 by Alex Teddy

On April 22 the EU announced that it would give a EUR 1.2 billion soft loan to Ukraine to deal coronavirus. This is because Ukraine is an EU enlargement country i.e., it has the long-term goal of joining the EU. The first installment is said to be imminent. The second installment will depend on Ukraine reforming. Ukraine's coronavirus testing is appallingly low at only 1200 tests per million people. This is lower than almost any country in Europe.

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