Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Friday, December 1, 2017
European Commission ready to consider further Macro-Financial Assistance to Ukraine, provided reform momentum is stepped up
The EU has supported Ukraine in many ways, particularly in view of the conflict that began in 2014 and at the peak of its balance-of-payments crisis. In addition to political support, the EU has pledged a
€12.8 billion support package
to support the reform process including through unprecedented disbursements via the EU's Macro-Financial Assistance (MFA) instrument to help the country cover its external financing needs. Ukraine is - and will remain - one of the EU's key partners. As such, the EU will continue to stand by Ukraine and its citizens as the country further progresses with its reforms and economic adjustment.
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