The Verkhovna Rada of Ukraine has adopted the Law "On the Ratification of the Treaty between the Cabinet of Ministers of Ukraine and Government of Federal Republic of Germany on the Financial Cooperation (Assignation Year 2006)"

29 October 2008, 16:20

The Ratification of the indicated Agreement will let to achieve from the Loan Estate for Reconstruction, Frankfort on the Main (KfW) following funds:

loan in the amount of 16,5mln euro for the project "Energy efficiency I" and for the attendant actions to the project in the amount of 1 mln euro;

extra loans in the amount of 100 mln euro to allow credits for the intermixed financing within the energy efficiency sphere.

Moreover, according to the Agreement, FRG will give the opportunity to achieve for the project "Energy efficiency II" the extra loan in the amount of 68 mln euro.

The corresponding bill is registered in the Verkhovna Rada of Ukraine №0090.