Von der Leyen welcomed Council’s ratification of loan agreement with EU: It paves way for first disbursements in June

The EU welcomed the Verkhovna Rada’s approval of documents regarding Ukraine’s receipt of €90 billion in financial assistance from the European Union.

This was announced by European Commission President Ursula von der Leyen, according to Censor.NET.

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What is known

In particular, she noted the "swift work" of the Ukrainian parliament.

"I congratulate the Verkhovna Rada of Ukraine and President Volodymyr Zelenskyy’s team on their swift work to ratify the main documents related to the €90 billion Ukraine Support Loan," the statement reads.

Von der Leyen also added that this hard work "paves the way for the first disbursements in June."

Read more: EU needs to update accession rules for Ukraine and other candidates, - Kos

Read more: Rada ratified agreement with EU on €90 billion loan

What preceded it?

• On May 28, President Volodymyr Zelenskyy submitted a bill to the Verkhovna Rada to ratify the agreement with the EU on a €90 billion loan.
• The Verkhovna Rada approved the ratification of the loan agreement with the European Union to provide Ukraine with €90 billion in financial assistance.

Author: Olena Gulayeva