16:15 Apr. 22, 2016
Brussels helps Kyiv with the decentralisation reform
The European Union will provide Ukraine with financial aid for implementation of the decentralisation reform. Kyiv and Brussels have struck a deal worth 97 million euros. This is according to Hennadii Zubko, deputy Prime Minister of Ukraine.
"This is major support from the European Union and it means they recognise the success of our reforms", commented Zubko.
E.U. Deputy Head of the Support Group for Ukraine Peter Wagner, in turn, said this agreement was equally important for Europe. "These institutional changes will help Ukraine get stronger and it's good for us", he said.
Under the terms of the agreement, money will come from Germany, Poland and the E.U. itself. The aid will be provided over the course of four years. It is also stated Ukraine doesn't have to return the funds.
Kyiv has been implementing the decentralisation reform since 2014. It is aimed at strengthening the country's regions by giving them more political and financial freedom from the capital.