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Petro Poroshenko: EU will increase financial assistance to Ukraine to double digits

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Kyiv, March 5, 2014 – Ukraine is currently actively negotiating with IMF mission and expects further signing of Memorandum for IMF financial funding, claimed Petro Poroshenko, Co-chair of Ukraine-EU Parliamentary Cooperation Committee, at the press briefing in Ukraine Crisis Media Centre.

Additionally, Mr. Poroshenko informed that this is a matter of the upcoming few days for EU to make an important decision about significant increase of financial assistance to Ukraine: “As of today we had the decision about issuing 610 million EUR from EU and I have a feeling that this amount will be increased to double digits”.

As for the further procedure of signing the Association Agreement with EU, Petro Poroshenko noticed: ‘The legal grounds of the signing procedure and authorization with regard to signing the Association Agreement should be finalized in the nearest future, and after this process is finished we will consider that Agreement should be signed immediately.”

Petro Poroshenko is the Ukrainian businessman and politician, the founder and the honorary president of “Ukrprominvest” group company, Member of Parliament of Ukraine of 3rd, 4th, 5th, and 7th calling, non-affiliated, independent.

Minister of Foreign Affairs of Ukraine since 2009 till 2010. Minister of Economic Development and Trade of Ukraine since March till November 2010. Secretary of the National Security and Defense Council of Ukraine since February till September 2005. Chairman of the National Bank of Ukraine since 2007 till 2012.


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