The EU announced that Ukraine can get a tranche of €600 million

Terms – the fight against corruption, energy efficiency programs, the decision of problems of immigrants.

The European Union urged Ukraine to speed up reforms necessary for allocation of the third tranche of macro-financial assistance in the amount of 600 million euros, the money was transferred before the end of the year.

Vice-President of the European Commission, European Commissioner for Euro and social dialogue Valdis Dombrovskis at the meeting with Prime Minister of Ukraine Volodymyr Groysman at the summit “Ukraine – EU” noted the progress in relations between the EU and Ukraine.

“Today we really need to work in order to meet the conditions of the third tranche of macro-financial assistance,” – said Dombrovskis, stressing that the conditions for receipt of funds related to the fight against corruption, continuation of energy efficiency programs, deepening of cooperation in the sphere of problems of displaced persons and the specific economic issues.

“Not much time – until mid-November it is important to finish, because there are internal procedures of the EU, so we paid the December tranche” – quoted Dombrovskis on the government website.

We will remind, the European Commission on behalf of the EU in July 2015 will provide Ukraine a loan of 600 million euros – the first tranche under the new program of macro-financial assistance to Ukraine, total budget of which amounts to 1.8 billion euros. In the following months, provides for the allocation by the European Commission 1.2 billion euros, provided a successful implementation of economic and structural reforms agreed between the EU and Ukraine. 600 million euros Ukraine expected to receive the end of 2015, another 600 in early 2016. This did not happen. The second tranche released only in April 2017.

This macro-financial assistance is provided to Ukraine for 2.5 years, until January 4, 2018.

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