Italy to contribute to Ukraine EU aid program with 700 million euros - govt draft

A view shows a residential building destroyed by a military strike in the town of Izium recently liberated by the Ukrainian Armed Forces during a counteroffensive operation, amid Russia's attack on Ukraine, in Kharkiv region, Ukraine September 15, 2022. REUTERS/Vyacheslav Madiyevskyy

Italy will contribute to the EU's macro-financial assistance (MFA) program for Ukraine with 700 million euros ($697.48 million), a government draft showed on Friday.

The decision is expected to be ratified by a cabinet meeting later in the day.

($1 = 1.0034 euros)

(Reporting by Alvise Armellini, editing by Maria Pia Quaglia)