France to provide €1.2B for development projects in Ukraine.

According to the Deputy Head of the Office of President Rostislav Shurma, the Ministry of Economy of France will provide the Government of Ukraine with €200M of credit and financial guarantees for €1B. In addition to the already allocated macro-financial support of €1.2B from the European Union, the French side is giving another €1.2B of program funding, explained the Deputy Head. According to Shurma, these funds can be used for specific development projects agreed upon with the French side.