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Ukraine should carry on with reforms to get EU macrofinancial aid, - official

Source : 112 Ukraine

On May 20, the EU approve allocation of 1.2 bn Euros of macrofinancial assistance for Ukraine to cope with the consequences of Covid-19 pandemic
08:04, 24 June 2020

EU-Summit 2020 is scheduled for October 1
europa.eu

The EU will provide macrofinancial assistance for Ukraine in the amount of 1.2 billion Euros, if it lives up to a number of requirements. Věra Jourová, the Vice President of the European Commission for Values and Transparency said so during the online discussion on June 23. Yevropeiska Pravda quoted her as saying.

"And the EU will include the conditions regarding the supremacy of law and anti-corruption reform. It is crucial for Ukraine to remain on the path of reforms, especially those concerning the supremacy of law and anti-corruption. The coronavirus crisis should not justify the digression from those results already achieved, or their reversal in the interests of oligarchs", Jourova said. 

Related: Covid-19 in Kyiv: 61 new cases reported

In spite of acknowledging Ukraine's achievements in combating corruption, the EU official said she was concerned about recent increase of political engagement of the work of anti-corruption institutions. Jourová also reiterated that the EU has quickly mobilized aid package in the amount of 150 million Euros to support Ukraine, which is supposed to cover the needs in the healthcare sector, to combat the the consequences of Covid-19 pandemic.

Related: Another 13 case of Covid-19 infection registered at Ukraine's Armed Forces

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