“The European Commission has approved Ukraine’s amendments to the Plan of Ukraine – a reform plan required to obtain EU funds under Ukraine Facility. Source: “European Truth”, which gives the words of the European Commission spokesman Guillaume Merie details: he said that the updated reform plan has been approved to allow Ukraine to receive new tranches under the Ukraine Facility Financing Program.”, – WRITE: www.pravda.com.ua
Source: “European Truth” that gives the words spokesman of the European Commission Guillaume Mersye
Details: He said that the updated reform plan has been approved to allow Ukraine to receive new tranches under the Ukraine Facility Financing Program.
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“Ukraine has submitted a revision of the Plan of Ukraine on August 7 … After the evaluation, the European Commission approved and submitted a proposal to amend the plan on September 18,” Merney said.
Now the EU Council must consider the document and either make further changes, or approve the revised plan, he added.
The spokesman specified that “the proposed changes are focused on making the plan more practical and effective in the present.”
“In particular, some deadlines will be postponed to the Energy and Financial Markets section. This includes the adoption of the electric power integration package and clearer descriptions of the reform stages, which should provide a smoother implementation,” Guyom Mersee said.
As reported by “European Pravda”, the “Plan of Ukraine” was first evaluated by the Council in 2024 and was based on the IMF scenario, according to which Russia had to end in 2024. Since the war lasts longer, Reforming the reform plan was expected.
We will remind, on August 1 the Government of Ukraine made a decision on Amendments to the Plan of Ukraine. The government reported that by the end of September a new version of the plan should be approved by the EU Council.
It is known that since the beginning of 2024 the main line of financial assistance of Ukraine by the EU was a program called Ukraine Facility with a claimed value of 50 billion euros.
Since the 2nd quarter of 2024, the EU has attached funds to the implementation of reforms by Ukraine. For each quarter, Ukraine has indicators – some changes that Kiev has to implement or decisions to make. And in order to additionally confirm its readiness, the government prescribed all the steps and terms of execution in the document by the name “Plan of Ukraine”.
On July 25, the European Commission spokesman stated in a comment to “European Truth” that the next tranche of Ukraine Facility They will be cut because Kyiv did not conduct the promised reforms.