Date: 7 months ago   Category: Financial

Kiev and the EU have signed the agreement on a tranche for €1 billion


Representatives of Ukraine and the European Union have signed the memorandum of understanding and the credit agreement concerning providing the fourth program of macrofinancial aid of the EU. Ukraine and the EU on Friday, September 14, have signed the memorandum of granting a tranche to the country for the sum of one billion euros. 112 Ukraine report about it. As the prime minister of Ukraine Vladimir Groysman has reported during the meeting with the vice-president of the European Commission Valdis Dombrovskis, Ukraine and the EU begin new, the fourth, the program of macrofinancial aid, the Government portal writes. "We feel support. Realization of tasks of the Agreement on association with the EU is extremely important for us. We continue structural changes which also allow to approach standards of the EU", - Groysman has told. The head of the government has emphasized that Ukraine considers implementation of the Agreement on association with the EU by a key reference point of changes in the state and continues reforms which will allow to approach standards of the European Union in all spheres of life. "I am glad to be in Kiev and to discuss our collaboration, our steps in cooperation deepening. We sign the agreement today (about macrofinancial aid), and would like to emphasize that Ukraine shows big progress on the way of reforms", - Valdis Dombrovskis has noted in return. The parties have emphasized that the program of macrofinancial aid is a component of policy of cooperation. By the way, within the old program of macrofinancial aid Ukraine has received two tranches for 1,2 billion euros instead of initially planned 1,8 billion euros. The third tranche has been cancelled because Ukraine has satisfied 17 conditions of assistance from stipulated 21. We will remind, conditions of receiving a tranche of macrofinancial aid by Ukraine from the EU of one billion euros have been coordinated on August 27. Before it it was reported that the decision of the EU on allocation to Ukraine of one billion euros loans of macrofinancial aid has come into force on July 9. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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