Germany to provide 85 million euros to Ukraine to help internally displaced persons
Germany decided to allocate 85 million euros to help internally displaced persons in Ukraine, announced President Poroshenko at a joint briefing with German Chancellor Angela Merkel.
“This decision of the German government is a sign of support to our country, and I thank Mrs. Chancellor for the allocation of 85 million euros, which will be used to construct housing for temporarily displaced persons and to develop infrastructure in the east of Ukraine. We appreciate it very much,” Poroshenko said.
Poroshenko did not specify whether the allocated amount is a loan or a grant.
During the briefing, Merkel said that Germany would continue to contribute to the positive development of Ukraine, regardless of the election results. She noted that, according to the findings of the Organization for Security and Cooperation in Europe (OSCE), the first round of presidential elections in Ukraine, which took place on March 31, was fair and transparent.