Ukraine has received €3.2 billion as the first disbursement under the European Union's €90 billion support loan, Ursula von der Leyen has announced.
The €3.2 billion will help cover Kyiv's budgetary gaps and guarantee financial stability.
A second disbursement dedicated to drone production and worth about €6 billion is expected to be unveiled in the coming days.
The news comes as Ukraine enjoys renewed momentum on the battlefield against Russian troops and Moscow's war machine shows growing strain.
“Today, we are transferring the first tranche under this loan, dear Yulia (Svyrydenko), it is exactly €3.2 billion in macro-financial assistance,” the European Commission President said on Thursday while attending the Ukraine Recovery Conference in Gdańsk, Poland.
