The European Commission said on Thursday it is ready to extend new aid to Ukraine of up to EUR 1.8B to help the country tackle a deep recession.
With the conflict in eastern Ukraine having taken a heavy toll on the economy, the new aid package – the third such programme for the country since 2010 – “is intended to assist Ukraine economically and financially,” the Commission said in a statement.
The proposed new macro-financial assistance (MFA) programme, in the form of medium-term loans, is also intended “to help the new reform-orientated government strengthen the country and deal with economic and …read more
Source: Novinite
