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Billion euros Macro-Financial Assistance to Ukraine

9.3.2018 – The European Commission has adopted a proposal for a new Macro-Financial Assistance (MFA) programme for Ukraine worth up to €1 billion to support economic stabilisation and structural reforms. Today’s proposal follows a request from the Ukrainian authorities and direct discussions between Commission President Jean-Claude Juncker and Ukraine’s President Petro Poroshenko. The new programme seeks to build on the progress made in supporting economic stabilisation and structural reforms under the three previous MFA operations. The EU has so far pledged €12.8 billion to support the reform process in Ukraine, including €2.8 billion through three MFA programmes, since the onset of the crisis in 2014. More: here

Source: EC Press

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