Poroshenko enacts agreement on EUR 1 bln in macro-financial aid from EU

President Petro Poroshenko has approved the ratification of the memorandum of understanding and a loan agreement between Ukraine and the European Union on EUR 1 billion in macro-financial assistance to Ukraine.

“President of Ukraine Petro Poroshenko signed the Law of Ukraine “On ratification of the Memorandum of Understanding between Ukraine as a borrower and the European Union as a lender and the Loan Agreement between Ukraine as a borrower, the National Bank of Ukraine as a financial agent of the borrower and the European Union as a lender (regarding the EU’s macro-financial assistance to Ukraine in the amount of up to EUR 1 billion)", which was adopted by the Verkhovna Rada of Ukraine on November 8, 2018," the press service of the head of state reported.