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M. Continuo

European Union to consider increasing aid to Ukraine - diplomats


    BRUSSELS (Reuters) - The European Union will discuss on Tuesday increasing the bloc's emergency aid to Ukraine to as much as 2.5 billion euros ($2.8 billion), more than the 1.8 billion euros already proposed by the European Commission, diplomats said.

    EU finance ministers will consider raising the amount at their meeting in Brussels. The medium-term loans would be for this year and next, likely given in three or more tranches, diplomats said.

    (Reporting by Robin Emmott; editing by Philip Blenkinsop)