The European Commission has allocated an additional support package of 365 million euros to Ukraine, according to a statement released by the EC in Brussels on April 29. "In response to the urgency of mobilizing assistance contributing to the stabilization and development of Ukraine, the European Commission has today adopted a special support package worth 365 million euros," reads the statement.
“This package will help the country’s transition and boost the role of civil society, promoting and monitoring democratic reforms and inclusive socio-economic development in Ukraine,” reads the statement.
The EC said that the program was conditional, subject to progress in reforms in the following areas, particularly the fight against corruption, public administration, constitutional reform, electoral legislation and justice reform. First disbursements are expected to take place after the signature of the Financing Agreement by the European Commission and the Ukrainian government.
In this regard, EU Commissioner for Enlargement and European Neighborhood Policy Stefan Fule said: “The EU is not only closely watching events in Ukraine and expressing its readiness to support it, but is also delivering in deeds. With today’s assistance package we are encouraging and supporting the Ukrainian authorities to continue with reforms and in the process of inclusive national development. This package will also support the European Agenda for Reform, recently discussed with the Ukrainian authorities.”
