The European Union is to allocate about $2 billion to Ukraine through the European Investment Bank and EBRD. The country has requested this sum instead of the previously announced $4.7 billion. The World Bank is also very likely to take part in securing the money in question. The condition under which the loan is lent is that Ukraine should make fast and well-structured reforms in its gas field as well as higher transparency of the sector in future.

Brussels lays its hands on the gas tap in exchange of USD 2 billion