Ukrainian Prime Minister Arseniy Yatseniuk has said the German government will open credit for Ukraine worth EUR 500 million.

"The German government decided to open a credit line both for energy modernization, energy efficiency and [the] restoration [of] Donbas, as well as to cheer up the Ukrainian state budget with EUR 500 million," Yatseniuk said at a press conference with German Foreign Minister Frank-Walter Steinmeier in Kyiv on Friday.