16/02/2022 (Agence Europe) – The European Parliament approved by a large majority (598 votes in favour, 55 against, 41 abstentions), on Wednesday 16 February, the European Union’s sixth emergency macro-financial assistance to Ukraine, amounting to €1.2 billion in the form of loans, to help the country cope with its financial needs. Following the final green light from Parliament and that of the EU Council last Friday (see EUROPE 12889/11), the European Commission and the Ukrainian authorities will have to draw up a Memorandum of Understanding on the modalities of the assistance, including the conditions for its payment. The first of the two €600 million tranches could be paid out in the first quarter, at least after the Ukrainian Parliament has adopted the Memorandum of Understanding, according to the Commission. Since 2014, the EU has already mobilised €17 billion in grants and loans to Ukraine. (MB)