10:11 23.11.2017

Ukraine hopes to get at least part of macro-financial assistance from EU

2 min read
Ukraine hopes to get at least part of macro-financial assistance from EU

Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze has said she expects that despite the fact that Ukraine has not fulfilled all the conditions for receiving the third tranche of macro-financial assistance from the EU in the amount of EUR 600 million, a compromise option will be found and Ukraine will receive at least part of the funds.

"We continue to conduct consultations with our partners. Ukraine has not fulfilled all the requirements for this third tranche of macro-financial assistance... We expect that our arguments will be heard and some option will be found so that we can receive at least part of the tranche, if not the whole tranche," she told Interfax-Ukraine in Kyiv on Wednesday, November 22.

Klympush-Tsintsadze said that the macro-financial assistance program was expiring in 2017 and there was no possibility to extend the period of fulfillment of the conditions for Ukraine.

"We do not have much time, so the decision should have been taken in the near future," she added.

She also noted that some clauses that Ukraine had not fulfilled were in the competence of MPs or independent bodies.

"There are some things that do not depend on either the government or the president, and their decision passes through the parliament or through independent institutions that are not subordinate to the president or the government," Klympush-Tsintsadze said.

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