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Ukraine's state gas firm Naftogaz owes about €1.5bn to Russia's Gazprom (Photo: qwertyuiop)

EU to approve €1.1bn Ukraine aid package

The European Commission will officially agree to offer Ukraine €1.1 billion in emergency aid on Thursday (5 March), officials told EUobserver.

The move amounts to a top-up of €500 million to a previous offer of €610 million.

US secretary of state John Kerry said on a visit to Kiev this week that Washington will add loan guarantees worth $1 billion (€750 million) into the pot.

The International Monetary Fund (IMF) is expected to contribute as well, amid reports the total f...

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Ukraine's state gas firm Naftogaz owes about €1.5bn to Russia's Gazprom (Photo: qwertyuiop)

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