Ukraine meets all requirements to get next tranche for Energy Efficiency Fund – Regional Development Ministry

Ukraine has fulfilled two key requirements to receive a €50 million tranche for the Energy Efficiency Fund from the European Union.

Yevhen Chervyachenko, the advisor to the Deputy Prime Minister - Minister of Regional Development, Construction, Housing and Utilities of Ukraine, said this at a press conference in Ukrinform.

"Yesterday the Government introduced the first transition to money relations between suppliers and companies providing services. This is a leap to an open gas market," Chervyachenko said.

In addition, the Verkhovna Rada adopted the law on housing and utility services today.

"This was a condition for allocating €50 million for the Energy Efficiency Fund. These were two conditions, and I can tell my colleagues from the European Union today that they have been fulfilled," he stressed.

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