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1. The Union shall make macro‐financial assistance (the ‘Union’s macro‐financial assistance’) available to the Republic of Albania, Bosnia and Herzegovina, Georgia, the Hashemite Kingdom of Jordan, Kosovo, the Republic of Moldova, Montenegro, the Republic of North Macedonia, the Republic of Tunisia and Ukraine (the ‘partners’) for a maximum total amount of EUR 3 billion, with a view to supporting the partners’ economic stabilisation and a substantive reform agenda. The assistance shall contribute to covering the partners’ urgent balance‐of‐payments needs as identified in the programme supported by the IMF and shall be made available as follows:

(a) EUR 180 million for the Republic of Albania;

(b) EUR 250 million for Bosnia and Herzegovina;

(c) EUR 150 million for Georgia;

(d) EUR 200 million for the Hashemite Kingdom of Jordan;

(e) EUR 100 million for Kosovo;

(f) EUR 100 million for the Republic of Moldova;

(g) EUR 60 million for Montenegro;

(h) EUR 160 million for the Republic of North Macedonia;

(i) EUR 600 million for the Republic of Tunisia;

(j) EUR 1,2 billion for Ukraine.

2. The full amount of the Union’s macro‐financial assistance shall be provided to each partner in the form of loans. The Commission shall be empowered, on behalf of the Union, to borrow the necessary funds on the capital markets or from financial institutions and to on‐lend them to the partner. The loans shall have a maximum average maturity of 15 years.

3. The release of the Union’s macro‐financial assistance shall be managed by the Commission in a manner consistent with the agreements or understandings reached between the IMF and the partner. The Commission shall regularly inform the European Parliament and the Council of developments regarding the Union’s macro‐financial assistance, including disbursements thereof, and shall provide those institutions with the relevant documents in due time.

4. The Union’s macro‐financial assistance shall be made available for a period of 12 months, starting from the first day after the entry into force of the MOU referred to in Article 3(1).

5. If the financing needs of a partner decrease fundamentally during the period of the disbursement of the Union’s macro‐financial assistance compared to the initial projections, the Commission, acting in accordance with Article 7(2), shall reduce the amount of the assistance, suspend or cancel it.