Parliamentarians, at first reading, voted for draft law No.0014 On Ratifying the Deal between Ukraine and the European Investment Bank (the emergency credit program for rehabilitation in Ukraine), in principle. 263 MPs out of a quorum of 226 voted for the decision, RBK-Ukraine (РБК-Україна) reports.
This agreement for the bail-out of € 200 million was signed in Kyiv on December 22, 2014.
The credit program provides the short-term solution to meet the needs of the population living in the affected areas controlled by the government of Ukraine, and address priority infrastructure needs of IDPs in other regions.
The objective of the agreement is to implement the infrastructure projects in neighbouring regions: Odessa, Dnipropetrovsk, Kharkiv, and help internally displaced persons to return to their homes they’ve had before.
