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The Nexus
POLITICSMay 20 · 10:23 UTCKYIV POSTAFP

Ukraine to Receive €3.2 bn in Budget Aid from Giant EU Loan in June

The European Union will provide €3.2 billion in macro-financial assistance to Ukraine in mid-June, representing the first payment from a €90 billion loan package agreed in April. The disbursement is contingent on Ukraine ratifying the agreement and implementing specified reforms. The funds are designed to address most of Kyiv's financing needs with additional payments for budget and military support being arranged.

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