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Monday, September 17, 2018

1 billion euro macrofinancial assistance to support reforms in Ukraine

Human Rights, Co-op & Development, Economy - Finances,-,

News The European Commission signed in Kiev a Memorandum of Understanding with Ukraine on the provision of macro-financial assistance (MFA) of up to 1 billion euro in the form of medium-term and long-term loans.

The payments allocated by the ENI will depend on the fulfillment of political preconditions, which require Ukraine to continue to respect effective democratic mechanisms, including a multi-party parliamentary system, as well as the rule of law and Human Rights. Payments will also depend on the progress of Ukraine's programme with the International Monetary Fund (IMF).

Source :  Press room - European Commission


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