EU approves 600 million euros to help Ukraine with its urgent financial needs.

It is reported by Bloomberg with reference to EU representatives who asked not to be named..

The money is part of a €1.2 billion EU emergency aid package passed by the bloc earlier this year..

The European Commission is expected to complete the process on Wednesday and the funds could be transferred in the coming days, one official said..

In early March, the European Union signed a memorandum with Ukraine on the provision of 1.2 billion euros of macro-financial assistance. This will help strengthen the economic potential of our state for the expulsion of Russian invaders from Ukrainian soil..

On March 11, the European Commission paid Ukraine 300 million euros. It was the first payment from a package of 1.2 billion euros.