1 billion euro macrofinancial assistance to support reforms in UkraineSeptember 17, 2018
Hat: 1 billion euro macrofinancial assistance to support reforms in Ukraine
Funding Scheme: 2018-09-17
Pgm2014 2020: Yes
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).
Url description: Press room - European Commission