Ukraine to get about EUR 2 bln in EU financial assistance

Tuesday, October 21, 2014 - 17:45 (EEST) Section: Latest news

Ukraine’s Presidential Administration has begun legislative preparations for receiving EUR 1-2 billion in financial assistance from the EU.
Deputy Head of Ukraine’s Presidential Administration Valeriy Chaly said this at a briefing in Kyiv on Tuesday, a Ukrinform correspondent reported.
“Legislative preparations are now underway regarding the third stage of macro-financial assistance worth EUR 1-2 billion,” he said.
Chaly said that before October 22, the EU is to decide on the allocation of the third tranche of the first stage of macro-financial assistance to Ukraine amounting to EUR 260 million, which should arrive in the country in November this year.
“In the fourth tranche the EU will allocate 250 million [euros]. Then we expect 500 million [euros]. That is the EU’s support is not symbolic, but absolutely realistic,” he said.