Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/15/3020 (08.01.15) |
Publication Date | 08/01/2015 |
Content Type | News |
The European Commission expressed its readiness to further assist Ukraine, which had been hit hard by a deep recession. On 8 January 2015 the Commission proposed new macro-financial assistance (MFA) to Ukraine of up to €1.8 billion in medium-term loans. The new MFA programme is intended to assist Ukraine economically and financially with the critical challenges the country is facing, such as a weak balance of payments and fiscal situation. It would be the third MFA programme for Ukraine since 2010. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-15-3020_en.htm |
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Countries / Regions | Europe, Ukraine |