Klympush-Tsintsadze hopes Ukraine, EU will agree on financial aid before summer

Klympush-Tsintsadze hopes Ukraine, EU will agree on financial aid before summer

Taking into account the existing bureaucratic processes, Ukraine and the European Union can agree on the resumption of the program of macro-financial assistance to Kyiv before this summer.

Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze said this after a meeting with Vice-President of the European Commission for the Euro and Social Dialogue Valdis Dombrovskis in Brussels on Monday, an Ukrinform correspondent reports.

"It's about an objective bureaucratic mechanism that addresses the issue of providing macro-financial assistance... I think that's realistic, since we have begun this dialogue even earlier, so we can say that this decision should have already been made," she said. 

She noted that during the meeting the sides had agreed on a common understanding on the possibility of such macro-financial assistance to Ukraine from the EU.

Klympush-Tsintsadze stressed that the position and conditions of the European Union regarding the provision of macro-financial assistance to Ukraine had not changed and that they depended on the reform progress.

"This is a normal partnership dialogue. We have outlined our priorities for reform," she said.

In late 2017, the EU suspended its macro-financial assistance program to Ukraine, in particular by blocking a EUR 600 million tranche, due to the failure by Kyiv to meet certain conditions and criteria, including the fight against corruption.


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