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The EU has previously approved a reform plan to allocate assistance to Kyiv.

The EU has previously approved a reform plan to allocate assistance to Kyiv.

The permanent representatives of the EU countries have preliminary approved the Ukrainian reform plan, which is a condition for allocating 50 billion euros of macro-financial assistance to Kyiv until 2027, the representative office of Belgium, currently presiding over the EU Council, reported.

“The ambassadors of the EU countries have previously agreed on a reform plan for Ukraine to receive financial assistance from the European Union until 2027 within the framework of the Ukraine Fund,” the presidency said in a statement.


EU leaders at a special summit on February 1 in Brussels made a political decision to create a fund for financial assistance to Ukraine for the period until 2027 in the amount of 50 billion euros with a number of strict conditions. They also agreed to develop a mechanism and reporting according to which funding for Kyiv will be agreed upon and approved annually.


At the end of March, the Ukrainian government reported that it had approved the plan necessary to receive financial assistance from the EU for 50 billion euros as part of a four-year program.