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EU transfers €250 million financial aid to Ukraine

June 16, 2014, 11:16 UTC+3 BRUSSELS
1 pages in this article

BRUSSELS, June 16. /ITAR-TASS/. The European Commission has transferred the first €250 million tranche to help Ukraine with reforms, part of an €11 billion 2-year support package.

“Today's disbursement is one of many steps we are currently making to help the government of Ukraine in addressing the short-term needs as well as preparing for the implementation of the Association Agreement. We stand by Ukraine and we are proving it with concrete actions," Commissioner for Enlargement and European Neighborhood Policy Stefan Fule was cited in the statement as saying.

The second €105 million tranche will follow in the next months and will be linked with the progress in reforms in the areas of anti-corruption, public finance management, civil service, constitutional reform, electoral legislation and justice.

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