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EU to disburse 5 billion euro in aid to Kyiv this week - Ukrainian PM

Denys Shmyhal Kyiv European Union Ukraine Economy Financial Aid

Ukrainian Prime Minister Denys Shmyhal speaks during the Ukraine Recovery Conference URC in Lugano, Switzerland July 5, 2022. Michael Buholzer/Pool via REUTERS

Ukraine expects to receive 5 billion euros ($4.98 billion) in macro-financial aid from the European Union this coming week to support the economy and army, and to prepare for the looming winter, Ukrainian Prime Minister Denys Shmyhal said on Sunday.

"This will help to ensure the stability of our economy, support of the army and the ... heating season", Shmyhal said in a statement on Telegram ahead of talks with German President Frank-Walter Steinmeier.

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