Ukraine Received € 600 Million Tranche from the EU

Macro-financial assistance "confirms the EU's solidarity with Ukraine and our ongoing close cooperation." The European Commission, on behalf of the European Union, has allocated 600 million euros macro-financial assistance to Ukraine related to the COVID-19 pandemic. This announced the EC press service on Wednesday, December 9. “Ukraine remains important on the European agenda. It is our neighboring country and belongs to Europe. We are committed to offering political, financial and technical support, especially in this time of crisis, in response to the COVID-19 pandemic and overcoming social and economic consequences ", - the Executive Vice President of the EC Valdis Dombrovskis said. The diplomat recalled that this is the first tranche of emergency macro-financial assistance, which "confirms the EU's solidarity with Ukraine and our constant close cooperation." "I wish the government of Ukraine in 2021 to fulfill its reform program in order to improve the standard of living, continue the fight against corruption and bring Ukraine closer to the EU," the EC vice-president summed up. In turn, President Volodymyr Zelenskyy thanked the EU for providing macro-financial assistance to Ukraine. "I am grateful to our partners ... for providing Ukraine with 600 million euros macro-financial assistance. This is a significant signal of support for economic stability and the further course of reforms in Ukraine," Zelensky wrote on Twitter. Prime Minister Denis Shmyhal expressed gratitude to the European Commission as well. "Ukraine highly appreciates the support of the European Union ... This will strengthen Ukraine's macro-financial stability during the difficult times of the Covid-19 pandemic," Shmyhal wrote on Twitter. Recall, the EU wants to help restart the fight against corruption. Brussels offers Kiev assistance in resuming the work of anti-corruption institutions after the constitutional crisis.