ANKARA: EU ambassadors have approved the disbursement of the first instalment of around pound 4.2 billion (about $4.55 billion) as part of a fund to support Ukraine's reconstruction and continued functioning of public administration, Hungarian presidency of the Council of the EU said on Wednesday. 'Today, Ambassadors adopted the first instalment under the Ukraine Plan of the Ukraine Facility Regulation, paving the way for the transfer of nearly pound 4.2 bn to support Ukraine's recovery, reconstruction, and modernization,' the presidency stated on X. 'As a next step, the @EUCouncil will move ahead with a written procedure,' it added. Source: Anadolu Agency
EU ambassadors approve $4.5B for Ukraine’s reconstruction efforts
News For
RECENT POSTS
S&P Upgrade Signals Renewed Confidence in Cypriot Economy, President Affirms
September 19, 2026
UN Mission in Cyprus Cautions Against Hunting in Buffer Zone
September 19, 2026
FM to Accompany President at UNGA and Hold Bilateral and Trilateral Meetings
September 19, 2026
Volunteers Unite for Cleanup of Nicosia Venetian Walls
September 19, 2026
Multinational Exercise “Medusa” Concludes Successfully Off Crete
September 18, 2026