EU’s Juncker says macrofinancial assistance to Ukraine to depend on reform progress

“We will continue our cooperation with Ukraine in the coming years, in particular on a micro-financial level, provided that Ukraine complies with a number of conditions that it agrees with,” Juncker said.

Read alsoPoroshenko in Brussels: Ukraine seeking "Four Unions" with EU“Stability is also a question of trust and fairness. This means that the necessary reforms are needed to strengthen good governance, to fight - and this is very important, we very often underestimate this aspect of things - to fight firmly against corruption and to ensure the proper functioning of the systems of judicial bodies and public administrations,” the EC president said.

Read alsoJuncker on EU-Ukraine relations: Moving in the right directionAccording to the official, if these reforms of the judiciary and the fight against corruption are successful, it will “strengthen investor confidence throughout the region.”

He also touched upon the increase in Ukraine-EU foreign trade: “Thanks to the historic Deep and Comprehensive Free Trade Agreement with Ukraine, exports as imports between the European Union and Ukraine increased by 27% between January and August 2017.