Germany to loan Ukraine 250 million euros to boost energy sector, infrastracture


German Ambassador Anka Feldhusen shakes hands with Ukrainian Finance Minister Sergiy Marchenko in Kyiv on Dec. 17, 2020. Germany has loaned Ukraine 250 million euros to improve the country’s infrastructure.

The German government has agreed to spend 250 million euros to support the Ukrainian energy sector, the Ministry of Finance announced on Dec. 17.

Ukraine has to pay back 214.6 million euros in 30 years with 2% interest, while 40 million euros is grant money.

Source: www.kyivpost.com

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