The European Union is moving toward approval of Ukraine's reform plan in May, which would unlock an additional €1.9 billion in EU financial assistance in late spring. Source: European Pravda, citing Bloomberg The European Commission is examining the reform plan that Ukraine has committed to implement to receive financial aid, but the commission has no serious questions about it.
(Bloomberg) The embattled French IT company Atos SE is seeking more than €1 billion in new funds and wants to cut its current debt pile by at least half, according to a restructuring plan presented to creditors late Monday.Most Read from BloombergTrumpism Is Emptying ChurchesTrump Media Spirals as 36% Dive From Debut Erases BillionsWhy India’s South Rejects Modi — And Why It MattersGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionBlackstone $10 Billion Deal Is Latest Bet Propert
The European Union has delivered 223,800 shells to Ukraine as part of the plan to provide 1 million artillery rounds to help combat Russian aggression, EU spokesperson Peter Stano told AFP, DW reported on Aug. 11.