European financial assistance is to bridge the most dramatic short-term period in Ukraine, says Tombiński

Source : 112 Ukraine

During telephonic Press Briefing by EU Ambassador to Ukraine Jan Tombiński and U.S. Ambassador to Ukraine Geoffrey Pyatt
17:51, 29 July 2015

Tombiński also spoke on financial affairs: “The coupons for the debtors have been paid off some days ago, so it’s not. There was a lot of speculation that Ukraine will not pay back $120 million to cover its obligation”.
A week ago European Union disbursed to the Ukrainian budget 600 mln EUR. IMF on the level of the board approved disbursement of a further tranche to the Ukrainian budget in the amount of $1.3 bln U.S. dollars, “which is all done with the sense that commitments, engagements, and resolute action of the government and Rada should be supported by our financial assistance in order to bridge the most dramatic short-term period as the country is under such economical strains and also under the pressure of financing military expenses, which is a huge burden on the state budget, and security goes first,” stated the Ambassador.

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