Ukraine submits application to receive new macrofinancial assistance from EU
Ukraine has submitted an application to receive new macrofinancial assistance from the European Union (EU) to the European Commission, Head of the European Union Delegation to Ukraine Hugues Mingarelli has said.
He said at a press release at Oschadbank in Kyiv on Wednesday that the European Commission would assess the country's need in external financial and then it would be decided if the macrofinancial assistance is provided.
Mingarelli said that the issue will be discussed in the next several months.
If the positive decision is made, the European Commission would submit the relevant proposal to the European Parliament and the Council of Europe, he said.
Mingarelli also recalled that in the past three years the EU provided EUR 3.4 billion of the macrofinancial assistance to Ukraine. By the end of this year a decision to issue the last tranche of EUR 600 million under the current macrofinancial assistance program for Ukraine was to be made. However, the funds would not be provided, as Ukraine met only 17 out of 21 requirements of the program.
Advertising
Advertising
MORE ABOUT
Shells within Czech initiative to begin to arrive in Ukraine at end of May – Borrell
20:55, 22.04.2024
Stefanchuk: Ukraine expects due to mandate of Council of Europe Commissioner, rights of Ukrainians affected by Russian aggression to be protected
21:44, 16.04.2024
EU leaders at summit to talk about further support for Ukraine; Zelenskyy to address them
18:56, 16.04.2024
EU doesn't draw parallels between defense of Israel against Iranian missiles and situation in Ukraine
17:25, 16.04.2024
PM: Ukraine strives to start negotiation process on accession to EU no later than June
10:39, 15.04.2024
LATEST
Court overturns arrest of 100% of Ukrtower owned by Turkcell - Datagroup-Volia
10:04, 23.04.2024
Major shareholders of Ovostar and Fairfax build up 95.45% of agri holding, purchasing remaining shares
09:53, 23.04.2024
Banking network, after growing in Q4 2023, narrows again in Q1 2024 – NBU
20:37, 19.04.2024
EIB developing energy-efficient housing restoration program for Ukraine with EUR 230 mln budget
16:45, 19.04.2024
Ukraine to receive EUR 560 mln from EIB for energy, housing rehabilitation projects