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10 of October, 02:02

The WB and the EIB agree on financial guarantees for the purchase of gas by Ukraine
The world Bank and the European investment Bank came to an agreement about guarantees of up to $ 520 million dollars for the purchase of gas to Kiev, informs the press service of the WB.
according to the press service of the WB, the document was signed on the last working day of the week the heads of the 2 banking groups in Lima (Peru), where the annual meeting of the governing bodies of the IMF and the world Bank, reports news Agency.



According to a press release, the total payment would be: the EIB will provide guarantees for this amount from the funds before the selected world Bank loans to Kiev. It " will enable the world Bank to guarantee the issuance of letters of credit under purchase of gas by Naftogaz of Ukraine "." the Treaty rests on a counter-guarantee of the European Union, the EIB provides full coverage associated with risk for selected (for this operation) world Bank loans to Ukraine ", - stated in the document.

sections: Politics

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