Date: 2 months ago   Category: Financial

Requirements of the EU for granting one billion are called

Requirements of the EU for granting one billion are called
The main conditions for the first part of a tranche of macrofinancial aid of the European Union will be those which Ukraine hasn't executed according to the last program. For receiving macrofinancial aid of the European Union to Ukraine it is necessary to satisfy conditions from the previous, third program. The vice-prime minister concerning the European and Euro-Atlantic integration Ivanna Klimpush-Tsintsadze on the sidelines of the Yalta European strategy (YES) in Kiev has reported about it, transfers on Friday, September 14, Today. "The main conditions for the first tranche will be those which we haven't executed according to the last program. Our homework", - Klimpush-Tsintsadze has told. In particular, among requirements of the EU to Ukraine for receiving the next tranche of macrofinancial aid pension reform, reform were specified in health sector and also reform in the sphere of privatization. As has told Klimpush-Tsintsadze, among new conditions there will be also a carrying out small privatization which already started in Ukraine. Also the vice-prime minister has added that the sum of one billion euros will be divided into two tranches, the first of which Kiev expects to receive until the end of 2018. In turn the president Petro Poroshenko has said that the new program of macrofinancial aid of the European Union to Ukraine provides 18 conditions, six of which need to be executed for the first tranche and 12 - for the second, of one billion euros. "Really, (the program - an edition) it is connected with 18 reforms, with 18 conditions, six of which are necessary for performance of the first tranche and the majority from which we have already executed. I hope that in the nearest future the first tranche will arrive. The second tranche is connected with 12 conditions", - he has noted after the ceremony of signing of the corresponding Credit agreement and the Memorandum of understanding. The vice-president of European Commission Valdis Dombrovskis has noted that macrofinancial aid of the EU is directed to the solution of vulnerable economic problems and also to support of economic stabilization and growth of Ukraine. According to him, this program will increase confidence of foreign investors. At the same time Dombrovskis has noted that assignment of the EU also depends on parallel appropriate introduction of the program of the IMF. Poroshenko has also said that he expects that the Verkhovna Rada ratifies the Credit agreement and the Memorandum of understanding on allocation to Ukraine of macrofinancial aid of the European Union of 1 billion euros in the nearest future. We will remind, on March 9 the European Union has offered Ukraine the new, fourth program of macrofinancial aid. Within the program Ukraine will receive financial aid in the size of 1 billion euros of two tranches for 500 million euros within two years. The purpose of assignment is "economic stabilization and the program of carrying out structural reforms". The EU Council has approved on June 26 granting one billion euros macrofinancial aid to Ukraine. On July 6 this decision has been published in the official publication of the European Union. News from the Correspondent.netv of Telegram. Subscribe for our channel



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