EU Expects Ukraine to Implement Reforms to Unlock EUR 20 Bln in Budget Support
12 Articles
12 Articles
Ukraine urgently needs more EU funds, but Brussels has made it clear that it must first implement the reforms it has pledged. The fate of nearly 20 billion euros depends on the decisions of the Ukrainian parliament, and Kiev has already initiated the bringing forward of support intended for the coming years due to the growing funding gap.
If reforms to strengthen the rule of law and combat corruption are implemented in Ukraine, Kiev will be able to receive 20 billion euros of budgetary support from the European Union, said to the press secretary of the European Commission, Guillaume Mercier, in response to the question." We have a plan (financial support - IF) for Ukraine, covering a number of reforms from the energy sector to the rule of law.
The European Union was ready to provide 20 billion euros of financial assistance to Kiev, provided that the agreed reforms were successfully implemented before the end of the year, had informed the EC official, Guillaume Mercier; the European Commission could release 20 billion euros of budgetary support for Ukraine; the RIA News would be able to provide funds if Kiev carried out a number of reforms before the end of the year; the budget part of…
The European Commission is intensifying pressure on Kiev to accelerate the reforms needed to unlock a financial assistance of around EUR 20 billion, which Ukraine needs, in the context of Russia's growing budget deficit and escalation of war, Euronews reports. "It is essential that Ukraine continue to carry out reforms and [...] The post EU urges Kiev to accelerate the process of adopting and implementing reforms to unlock financial assistance f…
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