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Ukraine will receive a loan of 7.4 million euros from Germany

Date: August 13, 2022 4:11 pm

Ukraine will receive 7.4 million euros from the German Recovery Credit Institution (KfW) for concessional loans to small and medium-sized enterprises. This was reported on Sunday, July 24, in the press service of the Ministry of Finance of Ukraine.

– The funds collected will be directed by the Fund for the Promotion of Entrepreneurship through partner banks to finance SMEs (small and medium-sized enterprises – note VM) in national currency, the ministry reported.

It is specified that this will help support the liquidity of financial institutions, reports TASS.

Before that, Evelyn Farkas, director of the McCain Institute and former US deputy secretary of defense for Russia, Ukraine and Eurasian affairs, said support from the US and Europe would wane if Kyiv did not show some success in the field. of battle.

German Defense Minister Christina Lambrecht said there were only a few weapons left in the Bundeswehr that could be transferred to Ukraine as military assistance. She also noted that her Ukrainian colleague Oleksiy Reznikov was familiar with the current situation regarding Germany’s capabilities.



Source: vm.ru

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