EU ready to provide 11 billion euros of financial aid to Ukraine


  • World
  • Wednesday, 05 Mar 2014

BRUSSELS (Reuters) - The European Union is ready to provide 11 billion euros (8 billion pounds) of financial support to Ukraine over the next couple of years via a series of loans and grants, European Commission President Jose Manuel Barroso said on Wednesday.

The assistance would be delivered in coordination with the European Bank for Reconstruction and Development and the European Investment Bank, and is in part contingent on Ukraine signing a deal with the International Monetary Fund.

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