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Kyiv And Brussels To Sign 1 Billion Euro Assistance Program On Sept. 14

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EU and Ukraine 2016

The Ukrainian government and European Commission will on Sept. 14 sign a memorandum of understanding on a new assistance program for Ukraine worth up to 1 billion euros, European Union officials said on Sept. 11.

Continued Corruption In Ukraine Halts Aid From IMF, Can It Service Its Debt Without It?

Valdis Dombrovskis, the vice president of the European Commission responsible for economic and financial affairs, is to travel to Kyiv to participate in the signing ceremony.

A staffer from Dombrovskis’ office told the Kyiv Post that the 1 billion euros would be split into two tranches of 500 million euros each. The first tranche will be disbursed later this autumn, and second by March next year. The program is to end in March 2019…

To read more visit the Kyiv Post.

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