EU Ties Part of Ukraine €90 Billion Aid to Unpopular Tax Measure
Municipal workers clean debris in the courtyard of a damaged residential building following an air attack in Dnipro, Ukraine, on May 18.
Photographer: Mykola Synelnykov/AFP/Bloomberg
The European Union will tie some payouts from the €90 billion ($105 billion) aid package for Ukraine to an unpopular tax change already demanded by the International Monetary Fund, people familiar with the matter said.
The tax requirement will apply to the so-called macro-financial portion of the loan worth €8.4 billion, they said. EU member states on Monday agreed to the conditions for the macro-financial assistance program, Economy Commissioner Valdis Dombrovskis said in a post on X.