Macro-financial assistance to Ukraine

Summary

The European Parliament supports providing EUR 1.8 billion in macro-financial assistance to Ukraine to help stabilize its economy and support ongoing reforms amidst the conflict in the East.
10 17.04.2015
Other
economy
finance
international relations
public finance and budget policy

Key points

  • The European Parliament proposes providing EUR 1.8 billion in macro-financial assistance to Ukraine.
  • The aid is intended to address an acute economic crisis caused by armed conflict and structural issues.
  • Financial assistance will be provided in tranches, with a goal to release portions during 2015.
  • The assistance is designed to complement existing economic programs supported by the IMF.
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