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Ukraine receives first 3 billion euro tranche of G7 loan from EU, prime minister says

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KYIV (Reuters) – Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union’s portion of the Extraordinary Revenue Acceleration (ERA) loan agreed for Ukraine by the G7 group of countries, its prime minister Denys Shmyhal said on Friday.

It was the first tranche of EU loan secured by profits from frozen Russian assets, Shmyhal wrote on the Telegram app.

($1 = 0.9709 euros)

(Reporting by Max Hunder; Editing by Tomasz Janowski)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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