BRUSSELS. July 9 (Interfax-Ukraine) – The European Commission (EC) has started the process of transferring EUR 600 million out of the third EUR1.8 billion macro-financial assistance package to Ukraine.
According to the press service of the European Commission, the money will be issued to Kyiv as a loan.
The funds will be provided on the basis of the memorandum of understanding and the loan agreement signed at the Eastern Partnership summit in Riga on May 22.
The third program of assistance to Ukraine will consist of three tranches, the last of which is expected in early 2016.