International

The European Commission offers Ukraine an installment of 1.5 billion euros. Ursula von der Leyen: "Europe remains united and resolute"

The European Commission announced on Wednesday, April 24, the second tranche of 1.5 billion euros of macro-financial assistance for Ukraine, out of a support package totaling 50 billion euros, reports DW.

Steagurile UE și Ucrainei în fața sediului Comisiei Europene din Bruxelles
Sursa: Steagurile UE și Ucrainei în fața sediului Comisiei Europene din Bruxelles

“Ukraine is carrying a heavy burden on its shoulders for all of us. Today, we disburse an additional €1.5 bn, under the €50 bn Ukraine Facility. This is vital to keep Ukraine's state & services running, while it fights back the aggressor. Europe remains united and resolute”, said the President of the European Commission Ursula Von der Leyen.

EU support program

In March, the European Commission made the first payment of 4.5 billion euros to Ukraine under the " Ukraine Facility" program. This new EU support mechanism for Ukraine, worth 50 billion euros, starts on 1 March 2024 and represents the largest aid ever granted by the EU to a non-member state. The program provides stable funding in the form of grants and loans to support the recovery, reconstruction and modernization of Ukraine in the period 2024-2027. The money is provided in accordance with approved action plans agreed between the national government and the EU.

Up to 32 billion euros from this fund is intended to support reforms and investments, and payments are conditional on the achievement of certain objectives. Around €7 billion will be transferred for financial access and around €5 billion for technical assistance in support of reforms. Another 6 billion euros are earmarked for exceptional transitional funding, an amount that has already been paid, according to the European Commission's website.

Bogdan Nigai

Bogdan Nigai

Author

Read more

EXIT-POLL presidential elections in Romania// Marcel Ciolacu and Elena Lasconi, in the second round
International

EXIT-POLL presidential elections in Romania// Marcel Ciolacu and Elena Lasconi, in the second round

The two finalists of the first round of the presidential elections on November 24, 2024 are Marcel Ciolacu (PSD) and Elena Lasconi (USR), shows a CIRA-AVANGARDE-INSOMAR poll, conducted when voters left the polls, at 7:00 p.m. The poll was conducted only on Romanian territory and does not include the diaspora, reports news.ro.

They tried to cross the border with undeclared currency. Two people, documented by the authorities
Social

They tried to cross the border with undeclared currency. Two people, documented by the authorities

Two individuals are under criminal investigation after attempting to leave the Republic of Moldova with undeclared cash. These incidents were reported by the Border Police at Chisinau International Airport.

Union of Fine Artists of the Republic of Moldova designates the winners of the national contemporary art salon
Culture

Union of Fine Artists of the Republic of Moldova designates the winners of the national contemporary art salon

The Union of Fine Artists of the Republic of Moldova has announced the winners of the National Contemporary Art Salon, the final exhibition-competition of 2024. Organized by the Union of Plastic Artists of the Republic of Moldova, this event highlights the engagement of artists in the creative process and their desire to enhance the world through art.