Flag of Ukraine on the building of the Verkhovna Rada in KievKIEV, February 8 France will provide Ukraine with programs development of a 200 million euro loan and financial guarantees for 1 billion euros, under which Kiev will be able to receive loans from French banks, the press service of the office of the President of Ukraine said on Tuesday. Earlier, President of Ukraine Volodymyr Zelensky said that France would allocate 1.2 billion euros of macro-financial assistance the country, this will help stabilize the economy. «The French Ministry of Economy and Finance will provide the government of Ukraine with a loan of 200 million euros, as well as financial guarantees for 1 billion euros. Under these guarantees, our state will be able to obtain loans from French banks on favorable terms,» the report says. .According to the office, the funds raised can be spent on specific projects agreed with the French side. The allocation of these funds provides for the involvement of French suppliers and contractors in their development.
