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Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says

Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says

by Alan Lipp

Deputy Foreign Minister Yevhen Perebyinis issued a letter to cabinet ministers on Oct. 23 warning that the European Union has notified Ukraine that the next tranche of 4 billion euros ($4.3 billion) from the EU's Ukraine Facility may be delayed until next year unless expected aspects of corruption reforms are completed by the end of this month.

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Minerals deal 'important part' of future security guarantees, ambassador says.

"So this economic partnership deal in itself is a very important part of the broader security... architecture... frankly, that fund will be successful if Ukraine is stable and peaceful. So in a way, it's an important part of... future security guarantees," Ukraine's ambassador to the U.S., Oksana Markarova, said.
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