Ukraine and the EU signed a memorandum on allocation of 1 bln EUR of financial aid
On May 13, 2014, in Brussels (Belgium) the European Union and Ukraine signed a Memorandum of Understanding and the bilateral loan agreement for provision of macro-financial assistance to Ukraine by the EU at the sum of 1 bln EUR. The event took place within joint press-conference of Arseny Yatsenyuk, Prime Minister of Ukraine, and Jose Manuel Barroso, President of the European Commission.
The document was signed by Oleksandr Shlapak, Minister of Economy of Ukraine, on behalf of Ukraine, and Siim Kallas, Vice-President of the European Commission, on behalf of the European Union.
The money is intended to support economic stabilization and structural reforms in Ukraine. The bailout is provided to Ukraine's National Bank in the form of credits for a period of 15 years.
You should be authorized to post comment
Ukraine harvested over 1 mln tonnes of grains - Ministry of Agrarian Policy
Ukraine: in January-May, the costs for agricultural commodities production grew - State Statistics Service
Ukraine to reform economy of agro-industrial complex on European standards – T.Kutovyi
Ukraine started importing Kazakh buckwheat
June 29, 17:05
AGA Partners - Legal sponsor of the conference "Oilseeds&Oils-2016"
June 29, 16:20
Sunflower oil from Ukraine hits the EU market
June 29, 13:20
PJSC SFGCU almost doubled the exports of flour
June 29, 11:30