Ukraine could receive €9.1 billion from EU as early as June

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The European Commission has said that the European Union plans to transfer €9.1 billion in financial assistance to Ukraine in June. Of this amount, €5.9 billion is intended for defence needs, while another €3.2 billion will be allocated as budget support.

Source: European Pravda, citing European Commission spokesperson Balazs Ujvari during a briefing

Details: When asked by journalists about the timing of the first transfers under the EU's €90 billion assistance package, Ujvari said it was not yet possible to give a precise date.

"Now, as I said, there are still a few procedure and technical steps to be completed, notably on the Ukrainian side. [...] Then on the other hand, as I say, we have to verify if the conditions that are set out in the MOU and that are linked to the first disbursement under the macro-financial assistance programme if they are completed or not, so we would have to do that verification work first and then in light of this we can then determine when the first disbursement is good to go," the spokesperson said.