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Ministry of Finance
of the Republic of Latvia
1 Smilsu st., Riga
LV-1919, Latvia

P.: +371-67095405
F.: +371-67095503
E-mail: pasts@fm.gov.lv
info@fm.gov.lv

Finance Minister Janis Reirs: It is a duty of the European Union to strengthen security and provide necessary assistance to our cooperation partners 31/01/2018

In Brussels, a decision has been signed on the provision of additional macro-financial assistance to Ukraine. Finance Minister Janis Reirs is satisfied because one of the priorities of the Latvian Presidency of the Council of the European Union (EU) has been achieved.    

“It is a significant support to Ukraine that has made a clear choice to have a common future together with the EU. It will contribute to EU goals regarding economic stability and development in Ukraine and Eastern Europe neighbouring countries. It is a duty of Europe to strengthen security and provide necessary assistance to our cooperation partners,” notes Finance Minister Janis Reirs. 

Signing of the decision was the final stage for the decision adopted by the Council and European Parliament to become effective and provision of support to start at the beginning of 2016 as planned.

Macro-financial assistance in amount of 1.8 billion euro is envisaged to support economic stabilization and implementation of a comprehensive reform programme in Ukraine. The loans will supplement the macro-financial assistance provided in 2010 and 2014 in amount of 1.61 billion euro.

08/07/2019 05/06/2019 23/04/2019

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Latvijas Republikas Finanšu Ministrija