The EU will disburse €3.2 billion in budget support to Ukraine in mid-June under a €90 billion loan package, the first tranche after months of political delays.

Ukraine and the European Union have initialled a Memorandum of Understanding on €8.35 billion in macro-financial assistance under the EU's €90 billion loan programme.

The EU is set to disburse 3.2 billion euros ($3.7 billion) in budgetary aid to Ukraine next month, the first such payment under a giant loan approved in April, Brussels said on…