Contents tagged with financial support
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European Commission offers €1 billion assistance package to Ukraine
The European Commission has adopted a proposal for a new Macro-Financial Assistance (MFA) program for Ukraine worth up to €1 billion ($1.23 billion) intended to support economic stabilization and structural reforms, as said in the statement on the website of the European Commission.
"Today's proposal follows the request of the Ukrainian authorities and direct discussions between [European] Commission President Jean-Claude Juncker and Ukraine’s President Petro Poroshenko. The new program seeks …
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Hungary to provide about $100 million of financial support to Ukraine
Péter Szijjártó, the Minister of Foreign Affairs and Trade of Hungary announced a package of financial support for Ukraine in the amount of about $100 million.
“I am pleased to announce the allocation of a $50 million loan to Ukraine to upgrade the infrastructure. We also allocate EUR 40 million of irrevocable grants for the agro-industrial complex and farmers of Ukraine who intend to carry out an upgrade [of production facilities],” Szijjártó said.
Another statement by Szijjártó centered …