Greece approved $48m in loans to Ukraine

64

Greece has been supporting Kiev financially by guaranteeing over 40 million Euros in loans in addition to sending weapons and ammunition, Greek news portal militaire.gr reported on Sunday, citing data from the government bulletin.

In particular, the Greek Finance Ministry has provided loan guarantees to Ukraine worth more than 45 million euros ($48 million), the report said.

The decision on the allocation of financial assistance to Ukraine, signed by Greek Deputy Finance Minister Theodoros Skylakakis, referred to the approval by the European Union on July 12 and September 20 of emergency macroeconomic financial assistance to Ukraine in the form of loans in the amount of 1 billion euros and 5 billion euros, respectively.—APP