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6 of July, 16:33

The Cabinet of Ministers of Ukraine established an energy Fund at $ 1 billion
The Ukrainian Cabinet of Ministers has established a stabilization energy Fund at $ 1 billion, to fill it will be external creditors under the state guarantees.
"make in 2015 stabilization (backup) energy Fund in the amount of $ 1 billion ", ? it is reported in the decree of the Ukrainian Cabinet of Ministers, reports RIA " Novosti ".



According to the resolution, the creation of stabilization (backup) energy Fund is the NJSC "Naftogaz of Ukraine" According to the contracts concluded with external creditors, under the state guarantees provided due to individual decisions of the Cabinet of Ministers of Ukraine ". It is also stated that the funds of the stabilization energy Fund will be applied by Naftogaz for the purchase of imported natural gas, adherence and access to gas transportation networks, transportation and storage of natural gas. Last week it was announced that the European Bank for restoration and development (EBRD) plans to invest in 2015 to about $ 1 billion in the Ukrainian economy, as well as among them in the gas sector, subject to the implementation of Kiev reforms. In addition, the international monetary Fund (IMF) and Ukraine reached agreement on the level of experts on the allocation of Kiev loan in 1, 7 billion. As reported by the print edition OPINION, on Thursday the President of Ukraine Petro Poroshenko was presented with a draft law on ratification of the Memorandum, According to which the EU will give Kiev more 1, 8 billion euros in credit. Along with this, the Prime Minister Arseniy Yatsenyuk said that Ukraine is not able to afford to pay for servicing the debt, accumulated over three years.


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