MEPs have approved regulations allowing the transfer of an 18 billion euro support package to Ukraine after Hungary vetoed the original proposal. This is stated in the EP's statement.
The Parliament adopted, under the so-called urgent procedure, a change proposed by the Council of the EU in the regulation of macro-financial assistance plus, which allows 26 member states to act as loan guarantors as an alternative to the EU budget.
The long-term loan, provided on concessional terms but subject to reforms, will cover essential public services, including hospitals, schools and housing.
"It is also designed to help maintain macroeconomic stability and restore infrastructure in Ukraine, which is under constant attacks from Russia," the statement said.
