Ukraine receives first 3-billion-euro tranche of 18-billion-euro EU support

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman/File Photo

KYIV (Reuters) - Ukraine received the first 3-billion-euro ($3.26 billion) tranche of an 18-billion-euro financial support package from the European Union on Tuesday, Finance Minister Sergiy Marchenko said.

"Today, Ukraine received the first EUR 3 billion tranche of EUR 18 billion for 2023. The funds are provided on unprecedentedly concessional terms for Ukraine. Grateful to EU partners for the support in ensuring financial stability of Ukraine," he wrote on Twitter.