12:40 16.09.2016

EU to provide EUR 600 mln of macrofinancial aid to Ukraine by late 2016 if Ukraine observes liabilities - Dombrovskis

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EU to provide EUR 600 mln of macrofinancial aid to Ukraine by late 2016 if Ukraine observes liabilities - Dombrovskis

If Ukraine fulfills its liabilities, the European Union (EU) would provide a second tranche of EUR 600 million of macrofinancial aid to the country by the end ofthis year, European Commission Vice President the Euro and Social Dialogue Valdis Dombrovskis has said.

"We on behalf of the EU are also ready to move to the provision of our second tranche of macrofinancial aid to Ukraine in the amount of EUR 600 million if all modalities agreed on earlier are observed. The tranche could be provided this year," Dombrovskis said at a meeting with Ukrainian Prime Minister Volodymyr Groysman in Kyiv on Friday.

Groysman, in turn, expressed hope that the Ukrainian parliament would approve all the required decisions and Ukraine would receive the tranche.

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