OREANDA-NEWS. April 04, 2014. Ukraine can receive additional Eur 45 million from the Government of Germany for realization of measures called to stabilize the economic situation within the state, Director-General of Federal Ministry for Economic Cooperation and Development of Federal Republic of Germany Friedrich Kitschelt informed during a meeting of German delegation with First Deputy Minister of Economic Development and Trade of Ukraine Anatolii Maksiuta.

The Government official reminded that general volume of financing Ukraine had obtained throughout the whole period of cooperation with the Government of Germany made up Eur 320 million. He noted Ukraine would have to use the provided funds more effectively and vigorously and added the sum of Eur 70 million still remained unused.

Moreover, Friedrich Kitschelt informed that apart from increased funding Germany was ready to provide broad expert assistance to Ukraine, in particular, through creating of a consultative center.

He emphasized that Germany was interested in stabilizing the economic situation in Ukraine. The proof of that is the composition of the delegation, as five Directors-General who represent the five ministries of Germany were included into it.

Anatolii Maksiuta noted that in the difficult situation that Ukraine faced it was significant to preserve active cooperation with main member countries, such as Germany.

“Nowadays Ukraine faces serious challenges. We are building a new country that has clearly determined the priorities,” he stressed.

The First Deputy Minister is convinced that experience of German partners will be useful for the Government of Ukraine on the way of reforms, directed to the economic growth.

“Our priority is the economy. We have the Program called to ensure the economic revival. Now the country needs not just reforms, but structural measures which will afford our economy to strengthen,” Anatolii Maksiuta emphasized.