EU proposes up to 1.8 billion euro in new loans to Ukraine


  • World
  • Thursday, 08 Jan 2015

BRUSSELS (Reuters) - The European Union promised more help for Ukraine's near-bankrupt economy on Thursday, proposing up to 1.8 billion euros (1.4 billion pounds) in medium-term loans to be granted this year and in early 2016, the EU executive said.

The proposal by the European Commission must be approved by EU governments and the European Parliament.

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