: :inin Kyiv (EET)

EU Commission Proposes New EUR 1.8B in Aid to Ukraine


The European Commission said on Thursday it is ready to extend new aid to Ukraine of up to EUR 1.8B to help the country tackle a deep recession.
With the conflict in eastern Ukraine having taken a heavy toll on the economy, the new aid package – the third such programme for the country since 2010 – “is intended to assist Ukraine economically and financially,” the Commission said in a statement.
The proposed new macro-financial assistance (MFA) programme, in the form of medium-term loans, is also intended “to help the new reform-orientated government strengthen the country and deal with economic and …read more

Source: Novinite

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