16:28 08.12.2017

Ukraine, EU agree on allocation of EUR 50 mln aid to support Donbas

Ukraine, EU agree on allocation of EUR 50 mln aid to support Donbas

Ukraine and the European Union have agreed on the allocation of EUR 50 million for the program of support to Donetsk and Luhansk regions.

According to the press service of the Cabinet of Ministers of Ukraine, the agreement was signed in Brussels on Friday.

The agreement on the financing of the EU support program for Ukraine's east creates legal framework for the implementation of the projects to stimulate employment and economic growth in the areas of Donetsk and Luhansk regions controlled by Ukrainian government through providing assistance for the development of micro, small and medium-sized enterprises, encouraging public initiatives, supporting structural changes in health, education and infrastructure.

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