Business news from Ukraine

EUROPEAN PARLIAMENT PLANS TO VOTE ON EUR 1 BLN FINANCIAL AID TO UKRAINE ON JUNE 13

8 June , 2018  

The European Parliament will vote on the third macro-financial assistance program for Ukraine in the framework of the plenary session on June 13. The program envisages the allocation of EUR 1 billion. According to the information posted on the website of the European Parliament, a voting on a package of further macro-financial assistance for Ukraine is scheduled for Tuesday, June 12, and Wednesday, June 13. MEP Jaroslaw Walesa is to report on it.
As reported, the EU Council approved the allocation of financial assistance to Ukraine in the amount of EUR1 billion, which is expected to be used by the Ukrainian authorities within the next two years. The purpose of allocating funds is “economic stabilization and a program for structural reforms.”
This is the third package of financial assistance to the Ukrainian authorities from the EU since 2014. In 2014, the EU sent aid to Ukraine in the amount of EUR 1.6 billion, and in 2015 – EUR 1.8 billion.

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