The European Union will allocate Kiev until the end of the year, an additional loan of 510 million and a grant of ? 250 million, informs on the first day of the weekend the website of the President of Ukraine Petro Poroshenko.

on the first day of the weekend in Brussels hosted an extraordinary EU summit, during which they discussed, for example, the situation in Ukraine. After talks with European Commission President Jose Manuel Barroso Poroshenko said that the European Union States may provide Ukraine with one billion euros.

" The President also said that in addition to the specified amount, the Ukraine before the end of the year will receive a credit of $ 510 million and a grant of ? 250 million, in which the EU supports Ukraine in a difficult position, " said the report.

The Commission had planned to give macro-financial assistance to the National Bank of Ukraine in the form of loans for up to fifteen years. These funds are required to support the balance of payments of the country.

Ukraine is on the verge of default. The European Bank for restoration and development predicts that the Ukrainian economy will shrink by 7% this year and will show zero growth in the upcoming. The Ukrainian authorities hope to save the country's economy have the possibility of external borrowing. In early may, the country received the 1st tranche of the IMF loan in the amount of 3 $ 2 billion.

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sections: Politics