this post was submitted on 22 May 2024
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Relevant sections of the article:
The EU Council finalized the agreement earlier on May 21, which would provide Ukraine with between 2.5 billion and 3 billion euros ($2.7-3.26 billion) annually, with most of it allocated to Kyiv's military needs.
The European Commission then announced later in the day that the "resources will be available to support Ukraine starting from July 2024, with bi-annual payments."
The distribution will be reviewed on an annual basis.