December 11, 2017
European Commission punishes Ukraine over roundwood export ban
The refusal of the European Commission to transfer to Kyiv a third tranche, under the assistance program, for EUR 600 million is expected to affect social targeted assistance, the salaries of public sector employees, the reform of the management system and obligations to service Ukraine's external debt. The assistance program for EUR 1.8 million was approved by the European Commission in 2015. During this time, Kyiv received two tranches of EUR 600 million each, but was denied the last. The European Commission announced that this was due to the fact that Ukraine has not ...
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