The EU announced on Nov. 5 that it had sent an additional 4.36 billion euros ($4.91 billion) in financial support to Ukraine, as part of its 90 billion euro ($101 billion) support loan. Ukraine has been unlocking tranches of the 90 billion euro loan in exchange for completing reforms required by the EU and by the International Monetary Fund (IMF), with the latest disbursement linked to IMF reforms. "By meeting the conditions agreed with international partners, Ukraine has demonstrated its continued commitment to EU accession and to strengthening its economic resilience," said the EU's Economy Commissioner Valdis Dombrovskis. "The 4.36 billion euros disbursed today under the Ukraine Support Loan reflect that progress," Dombrovskis said, before outlining how predictable financial support can help keep Ukraine's economy going. Of the disbursed amount, 3.7 billion euros ($4.2 billion) was tied to implementing IMF-required reforms. The remaining 658 m...
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