Ukraine to receive first $137 million in EU aid on Tuesday

Vice President of the European Commission Siim Kallas is to visit Kiev on Tuesday and during his visit a first tranche of 100 million euro ($137 million) in EU aid will be provided to Ukraine, a representative of the European Commission Pia Ahrenkilde Hansen said.

Vice President of the European Commission Siim Kallas is to visit Kiev on Tuesday and during his visit a first tranche of 100 million euro ($137 million) in EU aid will be provided to Ukraine, a representative of the European Commission Pia Ahrenkilde Hansen said.

She said at a briefing in Brussels that during the visit Kallas plans to meet Ukrainian Prime Minister Arseniy Yatseniuk and Finance Minister Oleksandr Shlapak.

"The discussion will focus on the program of macro-financial aid to Ukraine, under which a first tranche of 100 million euro will be provided," she said.

Hansen said that the second tranche of 1.6 billion euro would be provided when Ukraine ratifies a memorandum of understanding on the program.

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