The EU Council approved a new tranche of financial support for Ukraine
Ukraine will receive almost three billion euros under the Ukraine Facility program
Quick Look
- The EU Council approved the transfer of almost three billion euros to Ukraine under the Ukraine Facility program after Kiev met ten indicators.
- The total amount of payments will exceed 32 billion euros.
AI-generated summary
Why It Matters
The Ukraine Facility program provides long-term financial support for Ukraine from the European Union.
Brief retelling from RIA II
The EU Council approved the transfer to Ukraine of the next tranche of financial support in the amount of almost three billion euros within the framework of the Ukraine Facility program.
Almost 800 million euros of this amount will be provided as part of the EU-agreed 90 billion euro loan to Ukraine.
After the transfer of the new tranche, the total amount of funds received by Ukraine under the Ukraine Facility program from mid-2024 will exceed 32 billion euros.
BRUSSELS, September 24 - RIA Novosti. The EU Council approved the transfer of the next tranche of financial support to Ukraine in the amount of almost three billion euros within the framework of the Ukraine Facility program, the Council said in a statement published on Thursday.
“Ukraine will soon receive almost three billion euros after the Council approved the eighth regular payment under the EU Ukraine Facility program,” the document says.
The Council clarified that almost 800 million euros of this amount will be provided for the first time as part of the EU-agreed 90 billion euro loan to Ukraine.
The payment was approved after Kyiv fulfilled the ten indicators provided for in the plan. In total, Ukraine has fulfilled 84 of the 95 indicators that it should have achieved by now, or about 88%.
Open Questions
- When exactly will the funds arrive in Ukrainian accounts?
- What exactly are the ten indicators that Kyiv has achieved?
