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EU soon will expand financial assistance for 250 mln euros to Ukraine
16.05.2014 11:39 "Agro Perspectiva" (Kyiv) —
The first disbursement of the Financing Agreement for a State-Building Contract worth EUR 355 million (signed by Ukrainian Premier Arseniy Yatseniuk and European Commission President Jose Manuel Barroso on May 13), will be allocated soon, NRCU says referring to the European Commissioner for Enlargement and European Neighbourhood Policy Stefan Fule report.
Fule admitted that the European Union has made available an additional EUR 1 billion in macro-financial assistance and created a Support Group to help Ukraine to implement the so-called «European agenda for reform» encompassing political and economic reforms agreed with Ukraine.
In parallel, Ukraine will receive financial support for its stabilization and reform in the coming years, with at least EUR 11 billion from the EU, EBRD and EIB, in addition to the $17 billion from the IMF and the World Bank.
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