Ukraine receives €4.36bn from EU after adopting reforms

Semen Ruban — 5 November, 13:00
Ukraine receives €4.36bn from EU after adopting reforms

Ukraine has received a further €4.36 billion from the European Union under the Ukraine Support Loan.

Source: Prime Minister Serhii Koretskyi on Telegram

Details: Of this amount, €3.7 billion is macro-financial assistance, while a further €660 million is allocated to the defence component.

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The government will use the funds to cover priority budget expenditures and the most urgent needs of Ukraine's defence forces.

"Amid constant Russian attacks, this support is critically important for strengthening our defence capabilities and maintaining the country's financial stability," Koretskyi wrote.

Background: On 14 and 15 October, the Verkhovna Rada (Ukrainian parliament) passed a number of bills on which the EU financial assistance was conditional.

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