On Wednesday 20 March, the European Commission disbursed the first €4.5 billion in support under the new EU Facility for Ukraine, worth €50 billion over four years. These funds will help the country to finance the functioning of the state, such as public wages, pensions, and the provision of basic public services.
The disbursement is being made in the form of bridging financing, pending approval of the Ukraine plan. An addition of €1.5 billion in bridge financing is expected in...