EU ready to grant Ukraine EUR 600 mln after energy laws are adopted

EU ready to grant Ukraine EUR 600 mln after energy laws are adopted

The European Union will provide Ukraine with EUR 600 million in aid after the Verkhovna Rada adopts a series of laws aimed at carrying out reforms in the energy sector.

Vice President of the European Commission for the Energy Union Maroš Šefčovič said this at the meeting with Ukrainian Parliament Speaker Andriy Parubiy in Kyiv, an Ukrinform correspondent reports.

"I am very pleased that you have expressed such optimism regarding the adoption of these bills in the coming weeks. The European institutions and the IMF expect these laws to be adopted very much. The completion of this work will enable the EU and the European Commission to provide a tranche of EUR 600 million in macro-financial assistance," Maroš Šefčovič said.

In turn, Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy assured Maroš Šefčovič that the Ukrainian Parliament had already prepared a number of laws aiming at the reforms in the energy sector.


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