council decis juli provid supplementari macro financi assist ukrain ec council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament commiss consult econom financi committe submit propos ukrain undertak fundament polit econom reform make substanti effort implement market economi model ukrain part european commun member state part conclud partnership cooper agreement develop full cooper relationship chernobyl nuclear power plant close decemb line agre ukrainian author group countri european union memorandum understand sign decemb septemb intern monetari fund imf approv quot extend fund facil quot eff ukrain approxim usd billion increas approxim usd billion support econom programm period juli june decemb imf extend durat financi arrang august world bank provid substanti support ukrain reform effort includ approv septemb usd million financi sector adjust loan fsal world bank expect continu provid substanti financi assist ukrain come year includ approv number adjust loan juli member pari club agre reschedul ukrain debt decis ec ec ec council approv macro financi assist ukrain total amount eur million support previou macroeconom programm circumst justifi provis macro financi assist ukrain pursuant decis ec chang decis includ undisburs amount assist replac addit offici support commun requir context present programm support balanc payment consolid reserv posit facilit structur adjust countri commun loan manag commiss treati provid adopt decis power articl decid articl commun make ukrain long term loan facil maximum princip amount eur million maximum matur year view ensur sustain balanc payment situat strengthen countri reserv posit facilit implement structur reform end commiss empow borrow behalf european commun resourc dispos ukrain form loan loan manag commiss close consult econom financi committe manner consist agreement reach imf ukrain articl commiss empow agre ukrainian author consult econom financi committe econom polici condit attach loan condit consist agreement refer articl commiss verifi regular interv collabor econom financi committe close coordin imf econom polici ukrain accord object loan condit fulfil articl loan made ukrain instal subject articl instal releas basi satisfactori track record ukrain macroeconom programm agre imf context present eff successor upper credit tranch arrang subject articl instal releas basi satisfactori continu arrang refer paragraph period month elaps releas previou instal fund paid nation bank ukrain articl borrow lend oper refer articl carri date involv commun transform matur exchang interest rate risk commerci risk commiss step ukrain request ensur earli repay claus includ loan term condit exercis request ukrain circumst permit improv interest rate loan commiss refin part initi borrow restructur financi condit refinanc restructur oper carri accord condit set paragraph effect extend averag matur borrow concern increas amount express current exchang rate capit outstand date refinanc restructur relat cost incur commun conclud carri oper decis born ukrain econom financi committe inform develop oper refer paragraph year articl year commiss address european parliament council report includ evalu implement decis articl decis ec repeal articl decis effect dai public offici journal european commun brussel juli council presid pedersen oj opinion deliv publish offici journal oj oj oj