KYIV, June 26 - The Council of the European Union has finally approved the fourth macro-financial assistance (MFA) program for Ukraine, which envisages the allocation of EUR 1 billion in loans when Kyiv fulfills a number of conditions; only Hungary voted against the decision, the institution said on its website.

"Today's decision is recognition of our progress on the reform path and confirmation of unity and solidarity with Ukraine in countering internal and external challenges," Ukrainian President Petro Poroshenko wrote on his Facebook page, welcoming the decision of the Council of the EU.