The EU Commission approved disbursement of €600 million in assistance to Ukraine. Of course, sooner or later any loan must be returned, but some countries do not even have an opportunity to borrow money.
For example, Russia, which is under Western sanctions right now, can not apply for foreign loans, even though many Russian state-owned companies used to receive money upon request. Ukraine, on the contrary, actively uses the support of European and Western countries and receives large-scale financing, fulfilling the stipulated terms. The EU requires Ukraine to meet certain conditions for obtaining loans. However, this is not a payoff or a bribe; the conditions are really very beneficial. For example, Ukraine should continue to fight corruption and promptly solve the problems of people who moved from dangerous parts of the country where armed conflicts with separatists take place. In addition, according to Vice-President of the European Commission Valdis Dombrovskis, Ukraine should continue to reform the health care system as well as housing and utility sector. Development of new projects in economic and social sectors is among the obligatory requirements for receiving a loan. It is also planned to allocate money for the modernization of the education system, which will require about $3 billion, Prime Minister Volodimir Groysman said.
So, it turned out that in the world of modern money lending, there are also quite normal conditions for obtaining a loan. It is difficult to talk about the reaction of the government, but for ordinary citizens these conditions are very good.
