Kiev, July 13 (TIWN) Ukrainian Prime Minister Denys Shmyhal has welcomed the decision of the European Union (EU) to grant Ukraine a new aid package of 1 billion euros.

The aid, which was approved by the finance ministers of the EU member states earlier in the day, would help Ukraine to maintain financial stability amid the conflict with Russia, Shmyhal wrote on Telegram.

Ukraine also plans to attract up to 200 million euros on preferential terms from Italy, Shmyhal was quoted as saying by Xinhua news agency.