EU provides €60 million to strengthen Ukraine's socio-economic resilience

07-10-2020
Photo: European Union
Photo: European Union

At the 22nd EU–Ukraine summit in Brussels, EU Commissioner for Neighbourhood and Enlargement Olivér Várhelyi and the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, Olga Stefanishina, signed three programmes worth €60 million in total, to further boost Ukraine’s resilience and address the socio-economic impact of the COVID-19 pandemic.

According to Commissioner Várhelyi, this support package will help Ukraine to develop a more resilient society and economy, including in conflict-affected regions.

“The newly signed programmes are part of our €190 million assistance to address the impact of the COVID-19 crisis in the country,” added the Commissioner. “We will continue to actively support Ukraine's reform process and economic recovery.“

The programme ‘EU4ResilientRegions’, worth €30 million, aims at enhancing the resilience of eastern and southern Ukraine to the negative impacts of the ongoing conflict, including to hybrid threats and other destabilising factors.

Furthermore, the ‘Civil society facility’ programme (with a budget of €20 million) will support the strengthening of civil society organisations’ capacity to participate in decision-making and public life.

Finally, the €10 million programme ‘Climate package for a sustainable economy’ will support Ukraine in developing a holistic approach to restructure its key economic sectors towards a low carbon economy.

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Press release