Ukraine receives second loan from EU in 2016

Source : 112 Ukraine

The tranche of EU’s financial aid for Ukraine is worth of 55.125 million Euros, - Finance Ministry
20:54, 27 December 2016

Open source

Ukraine received the second tranche of EU’s financial assistance in 2016, under the respective agreement between the Ukrainian government and the European Commission, signed in 2014. The overall sum equals 55.125 million Euros, Ukraine’s Finance Ministry reported.

The Ministry’s press service reported that the actual loan is the act of EU’s recognition of reforms in Ukraine – specifically, in the areas of ‘fighting corruption, improvement of state procurement system, transparency in funds management, administrative services, constitution reform and harmonization of electoral law’.

The first EU loan reached Ukraine in July 2016. 

Related: National Bank: Ukraine could get fourth IMF loan in early 2017

Related: National Bank: Ukraine might not get another IMF loan by late 2016

Related: Biden: US ready to grant Ukraine USD 1 billion loan guarantee

Related: In 2017, Ukraine to borrow USD 3.3 bln of foreign loans

Related: IMF to consider assigning USD 1 bn loan for Ukraine

Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

see more