Contents tagged with financial assistance from the EU

  • European Commission offers €1 billion assistance package to Ukraine

    The European Commission has adopted a proposal for a new Macro-Financial Assistance (MFA) program for Ukraine worth up to €1 billion ($1.23 billion) intended to support economic stabilization and structural reforms, as said in the statement on the website of the European Commission.

    "Today's proposal follows the request of the Ukrainian authorities and direct discussions between [European] Commission President Jean-Claude Juncker and Ukraine’s President Petro Poroshenko. The new program seeks …

  • Mingarelli: Ukraine may lose third tranche of 600 million euros from the EU

    If Ukraine does not abolish the moratorium on the export of round timber, then it risks losing the next tranche of European Union (EU) macro-financial assistance for 600 million euros, said the head of the EU Delegation to Ukraine, Hugues Mingarelli, in an interview with Segodnya website.

    "If Ukraine does not lift the ban on exports of round timber, 600 million euros - the third tranche of macro-financial assistance - will be lost. The decision will be made before the end of this year, which …