Ukraine and Germany agree on March 17 release of 500 million euro loan.
This was announced by Deputy Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Gennadiy Zubkov.
«During a meeting with German Chancellor Angela Merkel discussed the relative attraction of the loan KFW Bank to recover the eastern part of Ukraine, as well as uses of these funds. This is the macro support from the state budget of Ukraine, support for small and medium business projects in the energy and recovery infrastructure,»- said Gennadiy Zubkov.
According to him, on Tuesday in Ukraine comes the working group to finalize the text of the Memorandum and the framework agreement for the loan of 500 million euros which is scheduled to be signed in early April. The Working Group composed of representatives coming Ministry of Economic Affairs, Ministry of Energy and Transport.
Recall, the President of Ukraine Petro Poroshenko hopes that an agreement with Germany on the allocation of assistance to Ukraine in the amount of 500 million euros will be signed before April 1.
