Ukraine has received €3.2 billion from the European Union as the first tranche under the new Ukraine Support Loan financial instrument.

Ukraine will receive the first €3.2 billion tranche of a €90 billion EU loan during the Ukraine Recovery Conference in Gdańsk on 25-26 June.

The disbursement of €3.2 billion will help cover Kyiv's financial and budgetary needs. A second payment worth about €6 billion and dedicated to drone production is expected in the…