"Ukraine will soon receive approximately €3.5 billion after the Council approved a third payment of non-repayable grants and loans to Ukraine under the Ukraine Facility," the Council of the EU said in a statement, APA reports.
"The main objective of the Facility is to support Ukraine's macro-financial stability and recovery, reconstruction and modernisation. With this third disbursement, Ukraine will have received close to €20 billion under the Ukraine Facility since its entry into force a year ago," the statement reads.
The Council concluded today that Ukraine had satisfied the necessary conditions laid down in the Ukraine Plan in order to receive a third disbursement from the Ukraine Facility.
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