The Commissioner for European Neighborhood Policy and Enlargement Negotiations Johannes Hahn says that the European Union is developing a new investment program for Ukraine, a ‘Reform Contract for Investment.’
“Our proposal is that in the context of the new EU External Investment Plan, a total of UAH 1.6 billion (EUR 50 million) could be specifically earmarked for Ukraine this year, inter alia for on-lending by the banks and therefore investment in the real economy. For a country the size of Ukraine, this may not sound much. Yet if used wisely, it could leverage up to UAH 16 billion (EUR 500 million) in private investment,” Hahn wrote in his latest op-ed on Facebook on April 25.
