Business news from Ukraine

SECOND TRANCHE OF AID FOR 600 MLN EUROS FROM EU WILL BE PAID TO UKRAINE “VERY SOON THIS MONTH”

The second tranche of the European Union’s macro-financial assistance to Ukraine in the amount of 600 million euros will be paid “very soon” in May.
This was reported to Interfax-Ukraine on Monday by a high-ranking official of the European Commission.
“The European Union has allocated 1.2 billion euros of macro-financial assistance, of which 600 million euros have already been paid, and the remaining 600 million will be paid very soon this month,” he informed.
The official also reminded that on May 5, a donors’ conference organized by Poland and Sweden will take place. “It will be a fundraiser for humanitarian aid,” he added.
Speaking generally about the reconstruction of Ukraine after the war, the representative of the European Commission stated the need to restore the country in accordance with “European standards, in accordance with the European Green Deal, the digitalization agenda, with the best principles of public administration, the rule of law – in every sense – in accordance with European standards.” “This is exactly how we think it can be done, that we can do it together. Of course, on our part, this will require very deep cooperation with Ukraine,” he added.

,

UKRAINE TO RECEIVE SECOND TRANCHE OF FINANCIAL ASSISTANCE FROM EU IN NEAR FUTURE

Olha Stefanishyna, Deputy Prime Minister for European and Euro-Atlantic Integration, hopes that Ukraine will receive the second tranche of macro-financial assistance from the European Union in the amount of EUR 600 million in late October – early November.
“I can confirm for sure that already this month, or at the very beginning of November, we will receive the second tranche in the amount of EUR 600 million,” Stefanishyna told reporters in Kyiv on Thursday.

, ,