EU to offer Ukraine new loans to plug immediate needs
BRUSSELS, May 16 (Reuters) - The European Commission is set to propose on Wednesday a new package of financial aid to Ukraine including new loans to provide immediate liquidity to Kyiv and commitments for the long-term financing of the country's reconstruction, officials said.
The size of the short-term financial support is still being defined but two officials familiar with the discussions told Reuters they expected it to roughly cover Ukraine's financial needs for two months, largely through loans.
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