| Author (Corporate) | Council of the European Union: General Secretariat |
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| Series Title | Press Release |
| Series Details | PRES/14/229 (14.04.14) |
| Publication Date | 14/04/2014 |
| Content Type | News |
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On 14 April 2014, the Council of the European Union approved two key measures amongst a package of proposals aimed at providing economic and financial support to Ukraine. It adopted a decision providing up to €1bn in macro-financial assistance to Ukraine to support its economic stabilisation and its structural reform agenda, supplementing resources made available under a financial arrangement with the International Monetary Fund (IMF). It also adopted a regulation granting unilateral trade preferences to Ukraine, providing for the temporary reduction or elimination of customs duties in accordance with a schedule of concessions set out in an annex to the EU-Ukraine association agreement. On the 30 April 2014, the IMF approved a $17.1bn bailout for Ukraine to help the country's beleaguered economy. |
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| Source Link | Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/EN/foraff/142198.pdf |
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| Countries / Regions | Europe, Ukraine |
