Friday, July 25, 2014   

Ukraine gets US$680 million EU loan
(06-17 19:36)

The European Union says it has wired 500 million euros (US$680 million) to Ukraine to help stabilize the country and shore up its ailing economy.
EU Economics Commissioner Olli Rehn said the loan is ''a further concrete sign of European solidarity.''
The money from the 28-nation bloc is part of a wider EU package aimed at helping Ukraine to reform its economy to boost growth and jobs.
The EU sent Ukraine 100 million euros last month and has another 1 billion euros lined up for it, provided Ukraine meets agreed milestones on economic and financial reforms.
The EU and Ukraine are set to sign a wide-ranging free trade agreement next week.
In total, the EU has pledged assistance worth $15 billion for Ukraine over the coming years.--AP   
Other World breaking news:
UN says 230,000 have fled homes in Ukraine crisis (2 hrs 59 mins ago)
Hamas says it fired three rockets at Israel airport (07-25 17:25)
Hollande says Air Algerie flight black box found (07-25 17:12)
Ukrainian dairy products banned by Russia: reports (07-25 17:07)
McDonald's Japan halts sourcing chicken from China (07-25 16:42)
Ukraine reports overnight rebel attacks on border (07-25 16:40)
German airlines cancel more Tel Aviv flights (07-25 15:53)
France sends troopers to protect Air Algeria wreck (07-25 15:07)
Gaza toll tops 800 as Kerry presses humanitarian truce (07-25 14:34)
(Flight MH17) Obama joins other leaders to demand full access to crash site (07-25 12:03)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.