Kyiv will have to improve its revenue collection and how efficiently it spends money, the European Commission said in a press release on May 20, if it wants to access more than $8 billion of the loan.

Ukraine and the European Union are continuing talks on a Memorandum of Understanding on macro-financial assistance to Kyiv under a €90 billion loan and are discussing the economic…

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.