: Ukraine to attract EUR 300 mln German loan for energy, infrastructure projects - Groysman

12:37 Jun. 30, 2016

Ukraine to attract EUR 300 mln German loan for energy, infrastructure projects - Groysman

German Chancellor Angela Merkel and Ukrainian Prime Minister Volodymyr Groysman chat upon Groysman's arrival at the Chancellery. (Getty Images)

Prime Minister says German businesses are also ready to invest in Ukraine

Ukraine intends to attract a loan from Germany in the amount of EUR 300 million for projects in the field of energy and infrastructure, Prime Minister of Ukraine Volodymyr Groysman said in an interview on Wednesday, commenting on the results of his Berlin visit.

"We discussed the investment projects. It was decided on the implementation of a EUR 300 million loan in the field of energy, infrastructure, and railways," said Groysman.

He did not specify the sources of funding but stressed that the parties had taken "all decisions for EUR 300 million to be invested in the Ukrainian economy." At the same time, Groysman drew attention to the fact that German businesses are also ready to invest in Ukraine.

Read also Germany to give Ukraine EUR 60 million for upgrading railway locomotives

"I met with the German businesses, and they note that the situation is changing for the better," said the head of Government. He recalled that in October 2015, the two governments agreed on the establishment in Ukraine of the Ukrainian-German Chamber of Commerce, which would be a tool for attracting funds into Ukraine. "And the meetings with the businesses assured me that German business is willing to increase investment and promote cooperation," said Groysman.

Read also Germany believes EU-Ukraine cooperation is major European project for next 10 years

As UNIAN reported earlier, Groysman visited Germany June 27-28. Berlin has become the second foreign capital, after Washington, to be visited by the head of the Ukrainian government. Groysman held talks with German Chancellor Angela Merkel, as well as the heads of several ministries.

Reporting by UNIAN



comments powered by Disqus


Business15:08 Dec. 9, 2016
EU mediates Russia-Ukraine gas talks as standoff continues
Business16:12 Dec. 8, 2016
Gazprom applied for Turkish Stream pipeline building
Business11:48 Dec. 8, 2016
Flagship Ukraine privatization flops as plant attracts no bids - Reuters
Business11:44 Dec. 6, 2016
EU spells out its stance on wood export ban
Business19:08 Nov. 29, 2016
Three reasons to invest in Poland to reach the EU market
Subscribe to receive regular email updates about Ukraine and Eastern Europe