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 means that you should receive money in early 2018," he said.

However, according to Mingarelli, the abolition of the moratorium on the export of round timber is not the only condition for obtaining the tranche. In addition, Ukraine needs to fulfill conditions in the field of energy, fighting corruption, in the field of trade, and in social payments for immigrants.

In the spring of this year, Ukraine received the second tranche of the European Union in the amount of €600 million.

  financial assistance from the EU, Ukraine