About past, present and future of Ukraine

Main Business — Ukraine received 200 million euros of preferential loan from Italy

Business

Ukraine received 200 million euros of preferential loan from Italy

16 Aug, 2022
171
Ukraine received 200 million euros of preferential loan from Italy

Share this article


The funds received will be used to cover the costs of the salaries of teachers of general secondary education institutions.


On August 15, Ukraine received a 200 million euro soft loan from Italy. This was reported by the press service of the Ministry of Finance.

According to the loan agreement terms, the funds are provided at a zero interest rate for 15 years (taking into account the grace period for deferring loan repayment - 7.5 years).

The funds received will be used to cover the cost of wages for teachers of institutions of general secondary education.

Ministry of Finance

Italy continues to help Ukraine defend itself against Russian aggression. She recently sent our country a new military aid package. However, both sides do not disclose what weapons it included.

Earlier, the head of the Brothers of Italy party, Georgia Meloni, promised to continue supplying heavy weapons to Ukraine if she win the elections. And at the end of June, the media revealed that Italy would send howitzers to our state.


The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...