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Merkel announces new allocations for Ukraine

In particular, centers of innovative practices are expected to appear in this country
12:13, 2 November 2018

Angela Merkel and Petro Poroshenko during the Chancellor's official visit to Ukraine on November 1
Presidential Administration press office

Ukraine should expect new cash proceeds from Germany, as the Chancellor of Germany Angela Merkel said at the joint briefing with the President of Ukraine Petro Poroshenko, which was broadcasted by 112 Ukraine.

'We will significantly enhance the number of allocations in the scientific area. We will be creating centers of innovative practices worth $2.2 million. It is very important that the scientists have a chance to stay in Ukraine and not leave abroad; that they could work here,' Merkel stated.

Related: Germany insists on maintenance of gas transit through Ukraine, - Merkel about Nord Stream 2

She added that Germany was ready to allocate the extram means amounting around $97.2 million to improve the prospects of the employment of young Ukrainians by professional education and to improve the housing situation.

At the same time, Poroshenko said that part of the money Germany allocates on the development of Ukraine’s economy will be spent on the construction of the roadway between Zaporizhia and Mariupol.

Related: What does Merkel's exit mean for Ukraine

'During one of her visits, the Chancellor emphasized the decision of the German Government to allocate loans worth $572.1 million to support Ukraine’s economy. And today, I suggested that part of the means should be spent on the loan to construct the roadway between Zaporizhia and Mariupol, as the development of the infrastructure of liberated Donbas is our priority,' the President noted.

Earlier, Angela Merkel paid the official visit to Ukraine. She met with President Petro Poroshenko, Prime Minister Volodymyr Groysman and the leaders of the political parties' parliamentary factions. During the visit, the parties discussed some critical issues, including the prolongation of anti-Russian sanctions, the construction of the Nord Stream 2 and elections on the occupied territories of Donbas.

Related: Militant-organized election in Donbas contradicts Minsk agreements, - Merkel

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