Maternová: Ukraine Could Meet 95% Of Reform Requirements This Year For EU Macro-Financial Assistance
Ukraine has not yet lost any funds under the European Union's macro-financial assistance, provided in exchange for reforms, and this year it will be able to meet 95% of the plan. EU Ambassador to Ukraine Katarína Maternová stated this in an interview with Ukrinform. She explained that the Enlargement Report, published by the European Commission on Wednesday, does not assess Ukraine's progress…
EU Ambassador to Ukraine Katarína Maternová claims Ukraine will meet 95% of the reforms required for EU Macro-Financial Assistance this year. Speaking to Ukrinform, Maternová stated that Ukraine has not lost any funds under the EU's macro-financial assistance program, which is provided in exchange for reforms. The EU Ambassador emphasized that macro-financial assistance funds are being disbursed, with €20 billion due to arrive this autumn from the European Union in exchange for approved reforms.
Maternová calculated that €12 billion would address the Cabinet of Ministers' work, and another €8 billion would cover legislative measures. She expressed confidence that Ukraine will meet around 95% of the legislative measures this year, with the possibility of achieving some of them next year. Maternová stressed that the risk of losing money has been eliminated and that Ukraine has managed to catch up on reforms. The EU ambassador is optimistic that this positive trend will continue.
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