EU Council approves €3.5bn tranche of Ukraine Facility programme
The EU Council has approved the third disbursement of non-repayable grants and loans under the Ukraine Facility programme. Thus, Ukraine will receive about 3.5 billion euros.
This was reported by Censor.NET with reference to the Council's website.
Thus, with this third disbursement, Ukraine will receive about €20 billion under the programme since it came into force a year ago.
"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," the statement says.
The European Council announced that Ukraine successfully demonstrated that it had implemented 13 different steps. These include, among others, passing reforms to increase the use of renewable energy; increasing the autonomy of the energy regulator; simplifying border-crossing procedures in line with EU standards; adopting a strategy for agriculture and rural development (including the removal of land mines from agricultural areas); and continuing work on listing its strategic and critical raw materials.
