Ukraine to receive 500 million Euro tranche from the EU postponed

Получение Украиной 500 млн евро транша от ЕС откладывается

Получение Украиной 500 млн евро транша от ЕС откладывается

Ukraine in March will not have time to fulfill all the conditions for obtaining 500 million loan of macro-financial assistance from the EU. Therefore, the Ministry of Finance was forced to conduct a placement of Eurobonds for $ 350 million.

As told UNIAN the Deputy Minister of the Finance Vasily Shkuratov, now in the Ukraine evaluation mission of the European Union on the issue of the second tranche of macro-financial assistance of 500 million euros. And according to him, his receipt in March is unlikely, the Ukrainian side is trying to fulfill all the conditions of the EU, but there are still some issues in the solution process.

This month was very little time. I think we should rely on the later period. Why we spent is now offering 350 million Saw the opportunity of this release and do so

— Vasily Shkuratov,

Deputy Minister of Finance

Earlier, the European Commission called the conditions of the second tranche of 500 million euros. They will relate to specific sectoral reforms, particularly in the power sector.

Recall, 11 December the European Union has allocated to Ukraine 500 million euros of the first tranche of the new macro-financial assistance program.

In March, Ukraine placed an additional issue of Eurobonds with a maturity until November 2028 in the amount of $350 million.

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