Contents
Article 8Council implementing decision#
1.Where the Commission makes a positive assessment of the Ukrainian Financing Strategy or its update, the Commission shall submit a proposal to the Council for an implementing decision making the financial and economic assistance accessible.
2.The Council implementing decision referred to in paragraph 1 shall:
(a)determine the amount of assistance to be made accessible to Ukraine to assist in the implementation of the Ukrainian Financing Strategy, including the amount of that assistance accessible:
(i)for budget assistance in the form of a loan to be implemented pursuant to Chapter III of Regulation (EU) 2024/792;
(ii)for macro-financial assistance in accordance with Chapter III of this Regulation;
(iii)to support Ukraine’s defence industrial capacities in accordance with Chapter IV of this Regulation;
(b)establish the maximum number and indicative value of instalments for the assistance accessible for macro-financial assistance in accordance with Chapter III of this Regulation.
3.The determination of the amounts of the Ukraine Support Loan to be made accessible shall:
(a)respect the maximum amount available for the Ukraine Support Loan provided for in Article 4(1);
(b)take into account the need to ensure a fair burden sharing with other donors in covering Ukraine’s financing needs.
(c)for budget assistance, determine to what extent regular budget assistance can be provided in the form of a loan to be implemented pursuant to Chapter III of Regulation (EU) 2024/792 or as macro-financial assistance in accordance with Chapter III of this Regulation, as appropriate.
4.The Council shall adopt the implementing decision referred to in paragraph 1 without undue delay.
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