April 30 2014, 11:53 Source: APK-Inform Views: 1266

European Commission to provide Ukraine with the additional financing

On April 29, 2014 the European Commission decided to provide Ukraine with the additional 365 mln EUR on the reforms' implementation.

The European Commission will allocate 355 mln EUR for the support of he Ukrainian government on the short-term economic problems' solving and preparation for the significant reforms within the EU Association Agreement signing. The first tranche (250 mln EUR) will be provided after the Agreement on the financing is signed by the Ukrainian government.

The rest funds (10 mln EUR) will be allocated for the civil society role enhancement, the democratic reforms' promotion and monitoring, and the overall social and economic development of Ukraine.


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