Kyiv is set to receive approximately €4.2 billion after the European Council approved the first regular disbursement of grants and loans under the EU’s Ukraine Facility Fund, citing the European Council. The fund is aimed at supporting Ukraine’s macro-financial stability and the functioning of its public administration. Today’s Council decision confirmed that Ukraine has met the necessary conditions and implemented the reforms outlined in Ukraine’s plan to qualify for these funds. The reforms cover key areas such as public financial management, state-owned enterprises, the business environment…