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12 of May, 14:03

Poroshenko has ratified an agreement with the EIB on providing Kiev 200 million Euro credit
The head of Ukraine Petro Poroshenko has ratified an agreement with the European investment Bank, offering Kiev a Loan of 200 million euros.
"the Manager has signed the Law No. 346-VIII" On ratification of the Financial agreement between Ukraine and the European investment Bank (Project "Emergency loan program for the restoration of Ukraine"). According to the Financial agreement, the EIB will provide Ukraine a Loan of 200 million Euro for implementation during 2015-2020 series of activities to overcome the negative effects of geopolitical events in the Eastern regions of Ukraine ", - reported in the report on the Internet office of the President of Ukraine.



The loan will be provided in the form of tranches in the amount of from fifteen to 40 million euros. The money will be spent on the rehabilitation of infrastructure and improving the provision of public services, repair of roads, Railways, bridges, and repair damaged administrative buildings and social infrastructure. Similarly, the project envisages implementation of a number of infrastructure projects in Zaporizhzhya, Dnipropetrovsk and Kharkiv regions, and the development of conditions for the return at the time of displaced persons to their former places of residence. Remember, in the early winter of 2014 the head of Ukrainian government and Vice-President of the European investment Bank Laszlo Sheep signed two agreements On the granting of Kyiv development loans small business for 400 million euros and the restoration of the country of 200 million euros. In 2014, the EIB has already provided assistance to Ukraine for four programs. For example, the Bank gave Ukraine 55 million euros for the construction of the Beskyd tunnel (transport corridor in the Carpathians), 20 million euros to the agricultural holding Astarta, 150 million euros to the government of Ukraine for the repair of the gas pipeline Urengoy - Pomary - Uzhgorod and 85 million euros to one of the largest Ukrainian producers of agricultural produce organization " Myronivsky Hliboproduct ".

sections: Politics

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