EU will now invest more in specific development projects in Ukraine

EU will now invest more in specific development projects in Ukraine

755
Ukrinform
Thus far, the European Union has channeled the funds primarily to support the reforms in Ukraine, and now is approaching a new stage of investment in people and infrastructure.

Head of the Support Group for Ukraine at the European Commission Peter Wagner said this at the forum "Foreign Economic Investment Program of the EU" in Kyiv, an Ukrinform correspondent reports.

"About EUR 200 million has been allocated annually to Ukraine from the EU’s budget. Taking into account the situation in Ukraine, these funds have been invested in reform projects in recent years. We have supported the government in the reform of decentralization, administrative reform, public administration reform, the reforms of judiciary, police, anti-corruption reform, etc. A part of 200 million was also used as a financial instrument to attract more investment... As more reforms are moving forward, the need for their financing decreases, and now we approach a new stage of investment: investment in people and infrastructure," Wagner said.

He expressed the hope that a significant part of the allocated EUR 200 million euros could be attracted to such investment projects in the following years.

ol


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the internet that are open to search systems, hyperlinks to ukrinform.ua not lower than the first paragraph are mandatory. Citing and using materials in ofline-media, mobile apps, SmartTV are allowed only with receipt of a written permission from "ukrinform.ua". News and publications marked "Advertisement" and articles in the block "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2018 Ukrinform. All rights reserved.

Website design Studio Laconica
Extended searchHide extended search
By period:
-