The European Commission will not transfer the third and last 600 million euro tranche of the current 1.8 billion euro macro-financial assistance programme to Ukraine, approved in 2015.
“Four of the measures linked to the third and final tranche of this MFA currently remain outstanding,” a European Commission statement reads. “Against this background, the Commission is not in a position to disburse the last tranche of the current MFA programme. […] From Ukraine’s side, reinforcing the reform momentum and resisting internal pressures for policy reversals on important reforms will be crucial, particularly over the coming months.”
According to the European Commission, the …read more
Source: Emerging Europe