EU gives €3bn corona assistance to neighbour states

by

The EU Council announced last week (20 May) it had "adopted a decision to provide up to €3bn of macro-financial assistance to 10 enlargement and neighbourhood partners to help them cope with the economic fallout of the Covid-19 pandemic". "Financial assistance will be provided in the form of loans on highly favourable terms", its added. At €1.2bn Ukraine will get the largest loan. Tunisia will receive €600m.