Khan: the EU can allocate to Kiev another 70 million euros of financial assistance
The European Union may further provide Ukraine with about 70 million euros of financial assistance, said the Commissioner on the issues of neighborhood policy and enlargement negotiations Johannes Hahn in a joint briefing with Ukrainian President Petro Poroshenko on Thursday.
The Verkhovna Rada on Thursday ratified a Memorandum with the European Union, which provides for the granting Ukraine a loan of 1, 8 billion euros. Zam. Minister of Finance of Ukraine Artem Shevelev said that the Memorandum envisages the allocation of funds in three tranches of ? 600 million. According to Khan, 1st tranche has the opportunity to be listed in the coming weeks.
"There will be more additional funds, due to the fact that Ukraine has made significant progress in laying the foundations of the rule of law. Of course, there still remain quite a lot of work, and in this respect is the number one issue is the fight against illegal activities of officials. But at the same time We made a proper proposal and is currently expected, because this proposal will be agreed and approved by other EU bodies, and We will be able to provide funds from the so-called framework of the Fund from which the funds were allocated fairly small number of countries that have been able to achieve significant progress in this area. We look forward to it, But the figure even has not agreed that supposedly 70 million Euro has the opportunity to be provided to Ukraine, " said Khan.