The European Union provide to Georgia, Ukraine and Moldova grants in the amount of 150 million euros, which will enable countries to obtain a loan in the total amount of 1, 5 billion euros, said the European Commissioner for neighbourhood policy and enlargement negotiations Johannes Hahn.

"We must prepare the country and the business community, most medium and small businesses, To all of the requirements of the Treaty on the free trade area. To do this We will provide a new tool in the framework of the free trade zone, which covers all 3 countries. We will provide 150 million grant, it will start the mechanism For loan tenfold that in the end will lead to a loan of 1, 5 billion euros in three countries - Georgia, Moldova and Ukraine, " said Khan at a press conference with Georgian President Giorgi Margvelashvili.

sections: Politics