KIEV: According to Ukrainian Prime Minister Denys Shmyhal, Germany can help Ukraine receive 8 billion euros (USD 8.17 billion) in aid from the European Union (EU).
Following online discussions with the German Finance Minister Christian Lindner, Shmyhal posted on Facebook on Monday, "Germany will help Ukraine rapidly get the next 8 billion euros of macro-financial support from the EU and will take the lead in this process."
He said, without providing specific numbers, that Germany had given Kiev a sizable financial boost ever since the Russia-Ukraine crisis began.
The Ukrainian Prime Minister stated that Kiev is relying on Germany's assistance in its efforts to delay Ukraine's foreign debt payments and begin a new programme of cooperation with the International Monetary Fund.
On June 24, the European Commission declared that a new, special Macro-Financial Assistance (MFA) programme will support Ukraine with up to 9 billion euros in financing.
In early August, Ukraine received one billion euros of the help package in two tranches.
Meanwhile, Iran agreed to limit its nuclear programme in exchange for the lifting of sanctions when it signed the nuclear agreement with world powers in July 2015. However, former US President Donald Trump withdrew Washington from the pact and reinstituted unilateral sanctions against Tehran, which caused the latter to renege on some of its pact obligations.
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