{"change_dates":[],"dossier":{"amendments":[{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-4","location":[["Proposal for a decision","Title 1"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["Proposal for a","DECISION OF THE EUROPEAN","PARLIAMENT AND OF THE COUNCIL","suspending macro-financial assistance to","Ukraine"],"old":["Proposal for a","DECISION OF THE EUROPEAN","PARLIAMENT AND OF THE COUNCIL","providing further macro-financial","assistance to Ukraine"],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"4","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-5","location":[["Proposal for a decision","Recital 2"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(2) Since spring 2014, Ukraine has","embarked on a reform programme aiming","to stabilise its economy and improve the","livelihoods of its citizens. Ukraine and the","Union have jointly defined a reform","agenda (the Association Agenda, which","was last updated in March 2015). The fight","against corruption as well as constitutional,","electoral and judicial reforms are among","the issues being touted as top priorities on","the agenda."],"old":["(2) Since spring 2014, Ukraine has","embarked on an ambitious reform","programme aiming to stabilise its economy","and improve the livelihoods of its citizens.","Ukraine and the Union have jointly defined","a reform agenda (the Association Agenda,","which was last updated in March 2015).","The fight against corruption as well as","constitutional, electoral and judicial","reforms are among the top priorities on the","agenda."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"5","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Georgios Epitideios","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-6","location":[["Proposal for a decision","Recital 9"]],"meps":[125071],"meta":{"created":"2019-07-03T05:57:26"},"new":["(9) Given that Ukraine is a country","covered by the European Neighbourhood","Policy, it should be considered to be","eligible to receive macro-financial","assistance from the Union, provided that","it takes up the funds to meet the targets","for which they are available."],"old":["(9) Given that Ukraine is a country","covered by the European Neighbourhood","Policy, it should be considered to be","eligible to receive macro-financial","assistance from the Union."],"orig_lang":"el","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"6","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Georgios Epitideios","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-7","location":[[" Proposal for a decision","Recital 10"]],"meps":[125071],"meta":{"created":"2019-07-03T05:57:26"},"new":["(10) The Union\u2019s macro-financial","assistance should be an exceptional","financial instrument of untied and","undesignated balance-of-payments support,","which aims at addressing the beneficiary\u2019s","immediate external financing needs, and","should underpin the implementation of a","policy programme containing strong","immediate adjustment and structural","reform measures designed to improve the","beneficiary's balance-of-payments position","in the short term."],"old":["(10) The Union\u2019s macro-financial","assistance should be an exceptional","financial instrument of untied and","undesignated balance-of-payments support,","which aims at addressing the beneficiary\u2019s","immediate external financing needs, and","should underpin the implementation of a","policy programme containing strong","immediate adjustment and structural","reform measures designed to improve the","beneficiary's balance-of-payments position","in the short term."],"orig_lang":"el","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"7","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-8","location":[[" Proposal for a decision","Recital 11"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(11) Given that a residual external","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be a Union","subsidy intended to support a corrupt","regime responsible for ruining the","country, in particular by destroying its","industrial base. The Union is thus once","again revealing its true colours where","human rights and democracy are","concerned."],"old":["(11) Given that a residual external","","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be an","appropriate response to Ukraine\u2019s request","for support to its economic stabilisation, in","conjunction with the IMF programme.","The Union\u2019s macro-financial assistance","would support the economic stabilisation","and the structural reform agenda of","Ukraine, supplementing resources made","available under the IMF\u2019s financial","arrangement."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"8","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-9","location":[["Proposal for a decision","Recital 11"]],"meps":[96646],"meta":{"created":"2019-07-03T05:57:26"},"new":["(11) Given that a residual external","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be an","appropriate response to Ukraine\u2019s request","for support to its economic stabilisation, in","conjunction with the IMF programme. The","Union's macro-financial assistance would","support the economic stabilisation and a","socially responsible structural reform","agenda of Ukraine, supplementing","resources made available under the IMF's","financial arrangement."],"old":["(11) Given that a residual external","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be an","appropriate response to Ukraine\u2019s request","for support to its economic stabilisation, in","conjunction with the IMF programme. The","Union\u2019s macro-financial assistance would","support the economic stabilisation and the","structural reform agenda of Ukraine,","supplementing resources made available","under the IMF\u2019s financial arrangement."],"orig_lang":"de","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"9","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-10","location":[[" Proposal for a decision","Recital 12"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(12) The Union\u2019s macro-financial","assistance should aim to support the","restoration of a sustainable external","financing situation for Ukraine, which will","not be possible owing to the steep decline","in the country\u2019s industrial production","since 2013 and the break in its trade ties","with Russia, its leading customer and the","country with which its industry was","integrated, and whereas the association","agreement has essentially led to an","increase in all the economic deficits."],"old":["(12) The Union\u2019s macro-financial","assistance should aim to support the","restoration of a sustainable external","financing situation for Ukraine thereby","supporting its economic and social","development."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"10","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-11","location":[[" Proposal for a decision","Recital 12"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(12) The Union\u2019s macro-financial","assistance should aim to support the","restoration of a sustainable external","financing situation for Ukraine thereby","supporting its economic and social","development; whereas that objective","cannot be achieved because Ukraine has","broken its trade relations with its most","important customer, Russia, and whereas","that has destroyed its industrial base."],"old":["(12) The Union\u2019s macro-financial","assistance should aim to support the","restoration of a sustainable external","financing situation for Ukraine thereby","supporting its economic and social","development."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"11","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Georgios Epitideios","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-12","location":[["Proposal for a decision","Recital 14"]],"meps":[125071],"meta":{"created":"2019-07-03T05:57:26"},"new":["(14) The Commission should establish","that the Union\u2019s macro-financial assistance","is legally and substantially in line with the","key principles, objectives and measures","taken within the different areas of external","action and other relevant Union policies."],"old":["(14) The Commission should ensure","that the Union\u2019s macro-financial assistance","is legally and substantially in line with the","key principles, objectives and measures","taken within the different areas of external","action and other relevant Union policies."],"orig_lang":"el","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"12","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-13","location":[["Proposal for a decision","Recital 15"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["deleted"],"old":["(15) The Union\u2019s macro-financial","assistance should support the Union\u2019s","external policy towards Ukraine.","Commission services and the European","External Action Service should work","closely together throughout the macro-","financial assistance operation in order to","coordinate, and to ensure the consistency","of, Union external policy."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"13","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Georgios Epitideios","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-14","location":[["Proposal for a decision","Recital 15"]],"meps":[125071],"meta":{"created":"2019-07-03T05:57:26"},"new":["(15) Commission services and the","European External Action Service should","work closely together throughout the","macro-financial assistance operation in","order to coordinate, and to ensure the","consistency of, Union external policy."],"old":["(15) The Union\u2019s macro-financial","assistance should support the Union\u2019s","external policy towards Ukraine.","Commission services and the European","External Action Service should work","closely together throughout the macro-","financial assistance operation in order to","coordinate, and to ensure the consistency","of, Union external policy."],"orig_lang":"el","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"14","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-15","location":[[" Proposal for a decision","Recital 15"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(15) The Union\u2019s macro-financial","assistance should support the Union\u2019s","external policy towards Ukraine, but that","policy has to be overhauled in the wake of","the political fiasco and economic and","social disaster resulting, for the most part,","from direct or indirect Union support for","the Maidan coup in February 2014 and","for those that seized power as a result."],"old":["(15) The Union\u2019s macro-financial","assistance should support the Union\u2019s","external policy towards Ukraine.","Commission services and the European","External Action Service should work","closely together throughout the macro-","financial assistance operation in order to","coordinate, and to ensure the consistency","of, Union external policy."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"15","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-16","location":[[" Proposal for a decision","Recital 16 a (new)"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(16a) Serious human rights violations","were noted in the 18th report of the UN","High Commissioner for Human Rights,","such as the systematic torture of","opponents under the pretext of combating","separatism, the existence of secret","detention centres, and murders of","journalists such as Oles Buzina, the","perpetrators of which have still not been","brought to justice."],"old":["",""],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"16","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-17","location":[["Proposal for a decision","Recital 16 b (new)"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:26"},"new":["(16b) The current Ukrainian","Government and the Verkhovna Rada are","blocking the implementation of the Minsk","agreements by failing to adopt the","legislation required under the agreements","(the law on special status, amendments to","the Constitution), by making negative","statements about the full implementation","of the agreements (e.g. statements by the","Attorney-General objecting to the general","amnesty provided for under point 5 of the","package of measures for the","implementation of the Minsk","agreements1a), and by imposing an","economic and social blockade against the","Donetsk and Luhansk regions, in breach","of point 8 of the package of measures for","the implementation of the Minsk","agreements."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"17","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-18","location":[[" Proposal for a decision","Recital 16 c (new)"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["(16c) Political pressure is being brought","to bear in an effort to ensure that","inquiries into mass murders, whether in","Kiev during February 2014 or Odessa on","2 May 2014, are not concluded."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"18","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-19","location":[[" Proposal for a decision","Recital 16 d (new)"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["(16d) The fact that President","Porochenko \u2013 despite his campaign","commitments to the contrary \u2013 has still","not sold his industrial and commercial","shares casts serious doubt on whether","corruption is actually being tackled at all,","given the multiple conflicts of interest at","the highest echelons of the Ukrainian","State."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"19","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Tonino Picula","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-20","location":[[" Proposal for a decision","Recital 17"]],"meps":[112744],"meta":{"created":"2019-07-03T05:57:27"},"new":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance (MFA)","should be that Ukraine fulfils the","conditions attached to past and","forthcoming MFA programmes, notably","those related to the fight against","corruption, and respects effective","democratic mechanisms, including a multi-","party parliamentary system and the rule of","law, which should be supported by an","independent judiciary capable of","effectively fighting corruption, and","guarantees respect for human rights. These","political conditions should be agreed with","Ukraine in a detailed Memorandum of","Understanding. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine, and promote structural reforms","aimed at supporting sustainable and","inclusive growth, employment creation and","fiscal consolidation. Both the fulfilment of","the preconditions and the achievement of","those objectives should be regularly","monitored by the Commission and the","European External Action Service","throughout the life-cycle of the MFA. The","disbursement of the first instalment of","financial support should be made","available only after the outstanding policy","measures which were attached to the final","instalment of the previous MFA","programme have been fully implemented.","The Commission should provide a public","assessment of the fulfilment of that","precondition, including a clear indication","of the benchmarks used."],"old":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance should","be that Ukraine respects effective","democratic mechanisms \u2013 including a","","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine and should promote structural","reforms aimed at supporting sustainable","and inclusive growth, employment creation","and fiscal consolidation. Both the","fulfilment of the preconditions and the","achievement of those objectives should be","regularly monitored by the Commission","and the European External Action Service."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"20","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Michael Gahler","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-21","location":[["Proposal for a decision","Recital 17"]],"meps":[2341],"meta":{"created":"2019-07-03T05:57:27"},"new":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance (MFA)","should be that Ukraine fulfils the","conditions attached to past and","forthcoming MFA programmes, notably","those related to the fight against","corruption, and respects effective","democratic mechanisms, including a multi-","party parliamentary system and the rule of","law, which should be supported by an","independent judiciary capable of","effectively fighting corruption, and","guarantees respect for human rights. In","addition, the specific objectives of the","Union\u2019s macro-financial assistance should","strengthen the efficiency, transparency and","accountability of the public finance","management systems in Ukraine, and","promote structural reforms aimed at","supporting sustainable and inclusive","growth, employment creation and fiscal","consolidation. Both the fulfilment of the","preconditions and the achievement of those","objectives should be regularly monitored","by the Commission and the European","External Action Service throughout the","life-cycle of the MFA. The disbursement","of the first instalment of financial support","should be made available only after the","outstanding policy measures which were","attached to the final instalment of the","previous MFA programme have been","fully implemented. The Commission","should provide a public assessment of the","fulfilment of that precondition, including","a clear indication of the benchmarks","used."],"old":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance should","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine and should promote structural","reforms aimed at supporting sustainable","and inclusive growth, employment creation","and fiscal consolidation. Both the","fulfilment of the preconditions and the","achievement of those objectives should be","regularly monitored by the Commission","and the European External Action Service."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"21","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-22","location":[[" Proposal for a decision","Recital 19"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["deleted"],"old":["(19) Release of the Union\u2019s macro-","financial assistance is without prejudice","to the powers of the European Parliament","and the Council as budgetary authority."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"22","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-23","location":[["Proposal for a decision","Recital 20"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["deleted"],"old":["(20) The amounts of provisioning","required for macro-financial assistance","should be consistent with the budgetary","appropriations provided for in the","multiannual financial framework."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-24","location":[["Proposal for a decision","Recital 22"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["deleted"],"old":["(22) In order to ensure uniform","conditions for the implementation of this","Decision, implementing powers should be","conferred on the Commission. Those","powers should be exercised in accordance","with Regulation (EU) No 182/2011 of the","European Parliament and of the","Council.11 .","_________________","11","Regulation (EU) No 182/2011 of the","European Parliament and of the Council","","of 16 February 2011 laying down the","rules and general principles concerning","mechanisms for control by Member States","of the Commission\u2019s exercise of","implementing powers (OJ L 55, 28.2.2011,","p. 13)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-25","location":[[" Proposal for a decision","Recital 23"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["(23) The Union's macro-financial","assistance is subject to conditions on","economic policy and upholding human","rights. As Ukraine is failing to meet those","conditions, macro-financial assistance","must be suspended."],"old":["(23) The Union's macro-financial","assistance should be subject to economic","policy conditions, to be laid down in a","Memorandum of Understanding. In order","to ensure uniform conditions of","implementation and for reasons of","efficiency, the Commission should be","empowered to negotiate such conditions","with the Ukrainian authorities under the","supervision of the committee of","representatives of the Member States in","accordance with Regulation (EU) No","182/2011. Under that Regulation, the","advisory procedure should, as a general","rule, apply in all cases other than as","provided for in that Regulation.","Considering the potentially important","impact of assistance of more than EUR 90","million, it is appropriate that the","examination procedure be used for","operations above that threshold.","Considering the amount of the Union's","macrofinancial assistance to Ukraine, the","examination procedure should apply to","the adoption of the Memorandum of","Understanding, and to any reduction,","suspension or cancellation of the","assistance,"],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-26","location":[["Proposal for a decision","Recital 23"]],"meps":[96646],"meta":{"created":"2019-07-03T05:57:27"},"new":["(23) The Union's macro-financial","assistance should be subject to conditions","which do not jeopardise the country's","socio-economic stability and are","measurably also linked to the fight","against poverty and job creation, to be laid","down in a Memorandum of Understanding,","including appropriate measurement","criteria. In order to ensure uniform","conditions of implementation and for","reasons of efficiency, the Commission","should be empowered to negotiate such","conditions with the Ukrainian authorities","after consultations with relevant","Ukrainian stakeholders and social","partners and under the supervision of the","committee of representatives of the","Member States in accordance with","Regulation (EU) No 182/2011. Under that","Regulation, the advisory procedure should,","as a general rule, apply in all cases other","than as provided for in that Regulation.","Considering the potentially important","impact of assistance of more than EUR 90","million, it is appropriate that the","examination procedure be used for","operations above that threshold.","Considering the amount of the Union's","macrofinancial assistance to Ukraine, the","examination procedure should apply to the","adoption of the Memorandum of","Understanding, and to any reduction,","suspension or cancellation of the","assistance,"],"old":["(23) The Union's macro-financial","assistance should be subject to economic","policy conditions, to be laid down in a","Memorandum of Understanding. In order","to ensure uniform conditions of","implementation and for reasons of","efficiency, the Commission should be","empowered to negotiate such conditions","with the Ukrainian authorities under the","supervision of the committee of","representatives of the Member States in","accordance with Regulation (EU) No","182/2011. Under that Regulation, the","advisory procedure should, as a general","rule, apply in all cases other than as","provided for in that Regulation.","Considering the potentially important","impact of assistance of more than EUR 90","million, it is appropriate that the","examination procedure be used for","operations above that threshold.","Considering the amount of the Union's","macrofinancial assistance to Ukraine, the","examination procedure should apply to the","adoption of the Memorandum of","Understanding, and to any reduction,","suspension or cancellation of the","assistance,"],"orig_lang":"de","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-27","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 1"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:27"},"new":["1. The Union shall suspend its macro-","financial assistance to Ukraine (\u201cthe","Union\u2019s macro-financial assistance\u201d)","indefinitely."],"old":["1. The Union shall make macro-","financial assistance of a maximum amount","of EUR 1 billion available to Ukraine","(\u201cthe Union\u2019s macro-financial assistance\u201d),","with a view to supporting Ukraine\u2019s","economic stabilisation and a substantive","reform agenda. The assistance shall","contribute to covering Ukraine\u2019s balance","of payments needs as identified in the","IMF programme."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"27","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" James Carver","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-28","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 1"]],"meps":[124971],"meta":{"created":"2019-07-03T05:57:28"},"new":["1. The Union shall not make macro-","financial assistance available to Ukraine."],"old":["1. The Union shall make macro-","financial assistance of a maximum amount","of EUR 1 billion available to Ukraine","(\u201cthe Union\u2019s macro-financial","assistance\u201d), with a view to supporting","Ukraine\u2019s economic stabilisation and a","substantive reform agenda. The assistance","shall contribute to covering Ukraine\u2019s","balance of payments needs as identified in","the IMF programme."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"28","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-29","location":[["Proposal for a decision","Article 1 \u2013 paragraph 2"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:28"},"new":["deleted"],"old":["2. The full amount of the Union's","macro-financial assistance shall be","provided to Ukraine in the form of loans.","The Commission shall be empowered on","behalf of the Union to borrow the","necessary funds on the capital markets or","from financial institutions and to on-lend","them to Ukraine. The loans shall have a","maximum average maturity of 15 years."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"29","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-30","location":[["Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:28"},"new":["deleted"],"old":["The release of the Union\u2019s macro-","financial assistance shall be managed by","the Commission in a manner consistent","with the agreements or understandings","reached between the International","Monetary Fund (IMF) and Ukraine, and","with the key principles and objectives of","economic reforms set out in the EU-","Ukraine Association Agreement,","including the DCFTA, agreed under the","European Neighbourhood Policy (ENP)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"30","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-31","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[96646],"meta":{"created":"2019-07-03T05:57:28"},"new":["The release of the Union\u2019s macro-financial","assistance shall be managed by the","Commission in a manner consistent with","the agreements or understandings reached","between the International Monetary Fund","(IMF) and Ukraine, and with the principles","and objectives of political, institutional,","socio-economic and economic reforms set","out in the EU-Ukraine Association","Agreement, including the DCFTA, agreed","under the European Neighbourhood Policy","(ENP)."],"old":["The release of the Union\u2019s macro-financial","assistance shall be managed by the","Commission in a manner consistent with","the agreements or understandings reached","between the International Monetary Fund","(IMF) and Ukraine, and with the key","principles and objectives of economic","reforms set out in the EU-Ukraine","Association Agreement, including the","DCFTA, agreed under the European","Neighbourhood Policy (ENP)."],"orig_lang":"de","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"31","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-32","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 2"]],"meps":[96646],"meta":{"created":"2019-07-03T05:57:28"},"new":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof and the degree of","implementation of the agreements","reached by Ukraine, and shall provide","those institutions with the relevant","documents in due time."],"old":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof, and shall provide","those institutions with the relevant","documents in due time."],"orig_lang":"de","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"32","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-33","location":[["Proposal for a decision","Article 1 \u2013 paragraph 4"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:28"},"new":["deleted"],"old":["4. The Union\u2019s macro-financial","assistance shall be made available for a","period of two and a half years, starting","from the first day after the entry into force","of the Memorandum of Understanding","referred to in Article 3(1)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"33","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-34","location":[["Proposal for a decision","Article 1 \u2013 paragraph 5"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:28"},"new":["deleted"],"old":["5. If the financing needs of Ukraine","decrease fundamentally during the period","of the disbursement of the Union\u2019s","macro-financial assistance compared to","the initial projections, the Commission,","acting in accordance with the","examination procedure referred to in","Article 7(2), shall reduce the amount of","the assistance or suspend or cancel it."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"34","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"James Carver","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-35","location":[["Proposal for a decision","Article 1 \u2013 paragraph 5"]],"meps":[124971],"meta":{"created":"2019-07-03T05:57:28"},"new":["5. If the financing needs of Ukraine","decrease fundamentally during the period","of the disbursement of the Union\u2019s macro-","financial assistance compared to the initial","projections, the Commission, acting in","accordance with the examination procedure","referred to in Article 7(2), shall cancel it."],"old":["5. If the financing needs of Ukraine","decrease fundamentally during the period","of the disbursement of the Union\u2019s macro-","","financial assistance compared to the initial","projections, the Commission, acting in","accordance with the examination procedure","referred to in Article 7(2), shall reduce the","amount of the assistance or suspend or","cancel it."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"35","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-36","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:28"},"new":["1. Macro-financial assistance may be","restored once Ukraine has:","\u2013 taken substantive decisions to stamp out","conflicts of interest at the highest","echelons of the State;","\u2013 passed legislation, including","constitutional amendments, making it","possible to implement points 4 to 8 of the","package of measures for the","implementation of the Minsk agreements,","as part of a constructive dialogue with the","de facto authorities in Donetsk and","Luhansk;","\u2013 brought to justice those responsible for","the politically motivated murders of Oles","Buzina and Pavel Sheremet, and the mass","murders in Kiev and Odessa in February","and May 2014;","\u2013 brought to justice those responsible for","torture and illegal detention in the east of","the country;","\u2013 dissolved the special battalions,","\u2018national militia\u2019, \u2018volunteer corps\u2019 and","other paramilitary groups exerting","constant armed pressure on institutions,","including the courts."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and","the rule of law, and guarantees respect for","human rights."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"36","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Michael Gahler","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-37","location":[["Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[2341],"meta":{"created":"2019-07-03T05:57:28"},"new":["1. A precondition for granting the","Union\u2019s MFA shall be that Ukraine fulfils","the conditions attached to past and","forthcoming MFA programmes, notably","those related to the fight against","corruption, effective democratic","mechanisms, including a multi-party","parliamentary system and the rule of law","and guarantees respect for human rights."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"37","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Andrea Bocskor","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-38","location":[["Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[124712],"meta":{"created":"2019-07-03T05:57:28"},"new":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2013 including a multi-party","parliamentary system \u2013 and the rule of law,","and guarantees respect for human rights","including ensuring respect for rights","already exercised of persons belonging to","national minorities."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2013 including a multi-party","parliamentary system \u2013 and the rule of law,","and guarantees respect for human rights."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"38","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Dobromir So\u015bnierz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-39","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[192298],"meta":{"created":"2019-07-03T05:57:28"},"new":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2013 including a multi-party","parliamentary system \u2013 and the rule of law,","and guarantees respect for human rights","and rights of national minorities."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2013 including a multi-party","parliamentary system \u2013 and the rule of law,","and guarantees respect for human rights."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"39","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Tonino Picula","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-40","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 1 \u2013 subparagraph 1 (new)"]],"meps":[112744],"meta":{"created":"2019-07-03T05:57:28"},"new":["The Memorandum of Understanding","between the European Union and","Ukraine shall therefore indicate as","preconditions for the disbursement of","instalments under the MFA IV","programme, amongst others, that:","(a) legislation is adopted on the","establishment and functioning of the anti-","corruption court, which is in line with the","recommendations of the Venice","Commission, most notably on the","competences of the court, the eligibility","and competences of candidates for the","post of judge, the candidate selection","process, which shall involve the","participation of international experts and","the status of the judges;","(b) establishment of an effective","verification system of asset declarations","made by public officials, while ensuring","that civil society activists working in the","field of anti-corruption are exempted from","e-declarations of assets;","(c) the composition of the Central","Election Commission of Ukraine reflects","a political balance representing all","relevant political forces, notably those","represented in the Verkhovna Rada, and","is replicated in the composition of all","District Election Commissions as well as","in all Precinct Election Commissions."],"old":["",""],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"40","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Michael Gahler","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-41","location":[["Proposal for a decision","Article 2 \u2013 paragraph 1 \u2013 subparagraph 1 (new)"]],"meps":[2341],"meta":{"created":"2019-07-03T05:57:28"},"new":["The Memorandum of Understanding","between the European Union and","Ukraine shall therefore indicate as","preconditions for the disbursement of","instalments under the MFA IV","programme, amongst others, that: (a)","legislation is adopted on the establishment","and functioning of the anti-corruption","court, which is in line with the","recommendations of the Venice","Commission, most notably on the","competences of the court, the eligibility","and competences of candidates for the","post of judge, the candidate selection","process, which shall involve the","participation of international experts and","the status of the judges; (b) civil society","activists working in the field of anti-","corruption are exempted from e-","declarations of assets; (c) the composition","of the Central Election Commission of","Ukraine reflects a political balance","representing all relevant political forces,","notably those represented in the","Verkhovna Rada, and is replicated in the","composition of all District Election","Commissions as well as in all Precinct","Election Commissions;"],"old":[""],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"41","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Andrea Bocskor","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-42","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 1 \u2013 subparagraph 1 (new)"]],"meps":[124712],"meta":{"created":"2019-07-03T05:57:28"},"new":["The Memorandum of Understanding","between the European Union and","Ukraine shall therefore indicate as","preconditions for the disbursement of","instalments under the MFA IV","programme, amongst others, that, in","accordance with Ukraine\u2019s commitment","to fully implement the opinion of the","Venice Commission, a meaningful","dialogue shall be conducted with regard","to the law on education and an agreement","shall be reached with the representatives","of the European minorities concerned on","the modalities of the implementation of","that law."],"orig_lang":"en","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"42","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-43","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 2"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["2. The European External Action","Service, together with the diplomatic","services of the Member States, shall","monitor the implementation of the","conditions laid down in paragraph 1 and","report to the Council as soon as they are","met."],"old":["2. The Commission and the European","External Action Service shall monitor the","fulfilment of this pre-condition","throughout the life-cycle of the Union\u2019s","","macro-financial assistance."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"43","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-44","location":[["Proposal for a decision","Article 2 \u2013 paragraph 3"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["deleted"],"old":["3. Paragraphs 1 and 2 of this Article","shall be applied in accordance with","Council Decision 2010/427/EU12.","_________________","12Council Decision 2010/427/EU of 26","July 2010 establishing the organisation","and functioning of the European External","Action Service (OJ L 201, 3.8.2010, p. 30)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"44","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-45","location":[["Proposal for a decision","Article 3 \u2013 paragraph 1"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["1. The Presidency of the Council","shall agree with the Ukrainian authorities","on a timeframe for the fulfilment of the","conditions laid down in Article 2."],"old":["1. 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The","economic policy and financial conditions","set out in the Memorandum of","Understanding shall be consistent with","the agreements or understandings","referred to in Article 1(3), including the","macroeconomic adjustment and structural","reform programmes implemented by","Ukraine with the support of the IMF."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"45","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-46","location":[[" Proposal for a decision","Article 3 \u2013 paragraph 1"]],"meps":[96646],"meta":{"created":"2019-07-03T05:57:29"},"new":["1. 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The Commission, in accordance","with the examination procedure referred to","in Article 7(2), shall agree with the","Ukrainian authorities on clearly defined","economic policy and financial conditions,","focusing on structural reforms and sound","public finances, to which the Union\u2019s","macro-financial assistance is to be subject,","to be laid down in a Memorandum of","Understanding (\u201cthe Memorandum of","Understanding\u201d) which shall include a","timeframe for the fulfilment of those","conditions. The economic policy and","financial conditions set out in the","Memorandum of Understanding shall be","consistent with the agreements or","understandings referred to in Article 1(3),","including the macroeconomic adjustment","and structural reform programmes","implemented by Ukraine with the support","of the IMF."],"orig_lang":"de","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"46","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-47","location":[["Proposal for a decision","Article 3 \u2013 paragraph 2"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["deleted"],"old":["2. The conditions referred to in","paragraph 1 shall aim, in particular, at","enhancing the efficiency, transparency","and accountability of the public finance","management systems in Ukraine,","including for the use of the Union\u2019s","macro-financial assistance. Progress in","mutual market opening, the development","of rules-based and fair trade, and other","priorities in the context of the Union\u2019s","external policy shall also be duly taken","into account when designing the policy","measures. Progress in attaining those","objectives shall be regularly monitored by","the Commission."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"47","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-48","location":[["Proposal for a decision","Article 3 \u2013 paragraph 3"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["deleted"],"old":["3. The detailed financial terms of the","Union\u2019s macro-financial assistance shall","be laid down in a Loan Agreement to be","concluded between the Commission and","the Ukrainian authorities."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"48","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-49","location":[[" Proposal for a decision","Article 3 \u2013 paragraph 4"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["deleted"],"old":["4. The Commission shall verify, at","regular intervals, that the conditions","referred to in Article 4(3) continue to be","met, including whether the economic","policies of Ukraine are in accordance","with the objectives of the Union\u2019s macro-","financial assistance. In so doing, the","Commission shall coordinate closely with","the IMF and the World Bank, and, where","necessary, with the European Parliament","and the Council."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"49","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-50","location":[[" Proposal for a decision","Article 4"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["Article 4 deleted"],"old":["1. Subject to the conditions referred to in","paragraph 3, the Union\u2019s macro-financial","assistance shall be made available by the","Commission in two loan instalments. The","size of each instalment shall be laid down","in the Memorandum of Understanding","referred to in Article 3.","2. The amounts of the Union\u2019s macro-","financial assistance shall be provisioned,","where required, in accordance with","Council Regulation (EC, Euratom) No","480/2009.13 .","3. The Commission shall decide on the","release of the instalments subject to the","","fulfilment of all of the following","conditions:","(a) the pre-condition set out in Article 2;","(b) a continuous satisfactory track record","of implementing a policy programme that","contains strong adjustment and structural","reform measures supported by a non-","precautionary IMF credit arrangement;","and","(c) the satisfactory implementation of the","economic policy and financial conditions","agreed in the Memorandum of","Understanding.","The release of the second instalment shall","not, in principle, take place earlier than","three months after the release of the first","instalment.","4. Where the Commission finds that the","conditions laid down in paragraph 3 are","not met, it shall temporarily suspend or","cancel the disbursement of the Union\u2019s","macro-financial assistance. In such cases,","it shall inform the European Parliament","and the Council of the reasons for that","suspension or cancellation.","5. The Union\u2019s macro-financial","assistance shall be disbursed to the","National Bank of Ukraine. Subject to the","provisions to be agreed in the","Memorandum of Understanding,","including a confirmation of residual","budgetary financing needs, the Union","funds may be transferred to the Ukrainian","Ministry of Finance as the final","beneficiary.","_________________","13Council Regulation (EC, Euratom) No","480/2009 of 25 May 2009 establishing a","Guarantee Fund for external actions (OJ","L 145, 10.6.2009, p. 10)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"50","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":" Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-51","location":[[" Proposal for a decision","Article 5"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["Article 5 deleted"],"old":["1. The borrowing and lending operations","related to the Union\u2019s macro-financial","assistance shall be carried out in euro","using the same value date and shall not","involve the Union in the transformation","of maturities, or expose it to any exchange","or interest rate risk, or to any other","commercial risk.","2. Where the circumstances permit, and if","Ukraine so requests, the Commission may","take the steps necessary to ensure that an","early repayment clause is included in the","loan terms and conditions and that it is","matched by a corresponding clause in the","terms and conditions of the borrowing","operations.","3. Where circumstances permit an","improvement of the interest rate of the","loan and if Ukraine so requests, the","Commission may decide to refinance all","or part of its initial borrowings or may","restructure the corresponding financial","conditions. Refinancing or restructuring","operations shall be carried out in","accordance with paragraphs 1 and 4 and","shall not have the effect of extending the","maturity of the borrowings concerned or","of increasing the amount of capital","outstanding at the date of the refinancing","or restructuring.","4. All costs incurred by the Union which","relate to the borrowing and lending","operations under this Decision shall be","borne by Ukraine.","5. The Commission shall inform the","European Parliament and the Council of","developments in the operations referred to","","in paragraphs 2 and 3."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"51","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-52","location":[["Proposal for a decision","Article 6"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["Article 6 deleted","Council Regulation (EC, Euratom) No"],"old":["1. The Union\u2019s macro-financial","assistance shall be implemented in","accordance with Regulation (EU,","Euratom) No 966/2012 of the European","Parliament and of the","Council1415Commission Delegated","Regulation (EU) No 1268/2012 of 29","October 2012 on the rules of application","of Regulation (EU, Euratom) No","966/2012 on the financial rules applicable","to the general budget of the Union (OJ L","362, 31.12.2012, p. 1).","2. The Union\u2019s macro-financial","assistance shall be implemented under","direct management.","3. The Loan Agreement referred to in","Article 3(3) shall contain provisions:","(a) ensuring that Ukraine regularly","checks that financing provided from the","budget of the Union has been properly","used, takes appropriate measures to","prevent irregularities and fraud, and, if","necessary, takes legal action to recover","any funds provided under this Decision","that have been misappropriated;","(b) ensuring the protection of the Union\u2019s","financial interests, in particular providing","for specific measures in relation to the","prevention of, and fight against, fraud,","corruption and any other irregularities","affecting the Union\u2019s macro-financial","","assistance, in accordance with Council","Regulation (EC, Euratom) No","2988/95161718and Regulation (EU,","Euratom) No 883/2013 of the European","Parliament and of the Council","(c) expressly authorising the Commission,","including the European Anti-Fraud","Office, or its representatives to carry out","checks, including on-the-spot checks and","inspections;","(d) expressly authorising the Commission","and the Court of Auditors to perform","audits during and after the availability","period of the Union\u2019s macro-financial","assistance, including document audits and","on-the-spot audits, such as operational","assessments;","(e) ensuring that the Union is entitled to","early repayment of the loan where it has","been established that, in relation to the","management of the Union\u2019s macro-","financial assistance, Ukraine has engaged","in any act of fraud or corruption or any","other illegal activity detrimental to the","financial interests of the Union.","4. Before the implementation of the","Union\u2019s macro-financial assistance, the","Commission shall assess, by means of an","operational assessment, the soundness of","Ukraine\u2019s financial arrangements, the","administrative procedures, and the","internal and external control mechanisms","which are relevant to the assistance.","_________________","14 Regulation (EU, Euratom) No 966/2012","of the European Parliament and of the","Council of 25 October 2012 on the","financial rules applicable to the general","budget of the Union and repealing","Council Regulation (EC, Euratom) No","1605/2002 (OJ L 298, 26.10.2012, p. 1).","15and Commission Delegated Regulation","(EU) No 1268/2012.","16","","","2988/95 of 18 December 1995 on the","protection of the European Communities","financial interests (OJ L 312, 23.12.1995,","p. 1).","17, Council Regulation (EC, Euratom) No","2185/96","18Council Regulation (EC, Euratom) No","2185/96 of 11 November 1996 concerning","on-the-spot checks and inspections","carried out by the Commission to protect","the Communities\u2019 financial interests","against fraud and other irregularities (OJ","L 292, 15.11.1996, p. 2)."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"52","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-53","location":[["Proposal for a decision","Article 7"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["Article 7 deleted"],"old":["1. The Commission shall be assisted by a","committee. That committee shall be a","committee within the meaning of","Regulation (EU) No 182/2011.","2. Where reference is made to this","paragraph, Article 5 of Regulation (EU)","No 182/2011 shall apply."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"53","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Jean-Luc Schaffhauser","changes":{},"committee":["AFET"],"date":"2018-04-25T00:00:00","id":"PE621.042-54","location":[["Proposal for a decision","Article 8"]],"meps":[124755],"meta":{"created":"2019-07-03T05:57:29"},"new":["Article 8 deleted"],"old":["1. By 30 June of each year, the","Commission shall submit to the European","Parliament and to the Council a report on","the implementation of this Decision in the","preceding year, including an evaluation","of that implementation. The report shall:","(a) examine the progress made in","implementing the Union\u2019s macro-","financial assistance;","(b) assess the economic situation and","prospects of Ukraine, as well as progress","made in implementing the policy","measures referred to in Article 3(1);","(c) indicate the connection between the","economic policy conditions laid down in","the Memorandum of Understanding,","Ukraine\u2019s on-going economic and fiscal","performance and the Commission\u2019s","decisions to release the instalments of the","Union\u2019s macro-financial assistance.","2."],"orig_lang":"fr","peid":"PE621.042v01-00","reference":"2018/0058(COD)","seq":"54","src":"http://www.europarl.europa.eu/doceo/document/AFET-AM-621042_EN.pdf"},{"authors":"Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-1","location":[["Draft legislative resolution","Paragraph 1"]],"meps":[124837],"meta":{"created":"2019-07-03T06:04:06"},"new":["1. Adopts its position at first reading","hereinafter set out."],"old":["1. Adopts its position at first reading,","taking over the Commission proposal."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"1","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Aleksander Gabelic, Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-2","location":[["Draft legislative resolution","Paragraph 1 a (new)"]],"meps":[192465,124837],"meta":{"created":"2019-07-03T06:04:07"},"new":["1 a. Approves its statement annexed to","this resolution;","For information, the text of the statement","is the following:","\"The European Parliament recalls that","the Memorandum of Understanding","referred to in Article 3(1) must focus on","fighting corruption and on social and","economic stabilization.In this regard the","European Parliament underlines that","Ukraine must establish an independent","anti-corruption court in line with the","recommendations from the Venice","Commission.Furthermore, the European","Parliament requests the Ukrainian","Parliament to ensure that anti-corruption","measures do not hinder the work of","independent civil society, notably within","the system of e-declarations.In addition,","the structural reforms to be laid down in","the Memorandum of Understanding","should not lead to further impoverishment","and increasing poverty for the population.","The Commission is expected to present","the Memorandum of Understanding to the","European Parliament as soon as possible","and, in any case, prior to the disbursal of","the first tranche of the macro-financial","assistance.\u201d"],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"2","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-3","location":[[" Proposal for a decision","Recital 2"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:07"},"new":["(2) Since spring 2014, Ukraine has","embarked on an ambitious reform","programme aiming to stabilise its economy","and improve the livelihoods of its citizens.","Ukraine and the Union have jointly defined","a reform agenda (the Association Agenda,","which was last updated in March 2015).","The fight against corruption as well as","constitutional, electoral and judicial","reforms are among the top priorities on the","agenda. However, Transparency","International\u2019s 2017 Corruptions","Perception Index Report showed that","Ukraine had the second worst score for","corruption rate of any country in the","European continent."],"old":["(2) Since spring 2014, Ukraine has","embarked on an ambitious reform","programme aiming to stabilise its economy","and improve the livelihoods of its citizens.","Ukraine and the Union have jointly defined","a reform agenda (the Association Agenda,","which was last updated in March 2015).","The fight against corruption as well as","constitutional, electoral and judicial","reforms are among the top priorities on the","agenda."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"3","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-4","location":[[" Proposal for a decision","Recital 11"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:07"},"new":["(11) Given that a residual external","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be an","appropriate response to Ukraine\u2019s request","for support to its economic stabilisation, in","conjunction with the IMF programme. The","Union's macro-financial assistance would","support the economic stabilisation and a","socially responsible structural reform","agenda of Ukraine, supplementing","resources made available under the IMF's","financial arrangement."],"old":["(11) Given that a residual external","financing gap remains in Ukraine\u2019s balance","of payments over and above the resources","provided by the IMF and other multilateral","institutions, the Union macro-financial","assistance to be provided to Ukraine is,","under the current exceptional","circumstances, considered to be an","appropriate response to Ukraine\u2019s request","for support to its economic stabilisation, in","conjunction with the IMF programme. The","Union\u2019s macro-financial assistance would","support the economic stabilisation and the","structural reform agenda of Ukraine,","supplementing resources made available","under the IMF\u2019s financial arrangement."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"4","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-5","location":[["Proposal for a decision","Recital 13"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:07"},"new":["(Does not affect the English version.)"],"old":["(13) The determination of the amount of","the Union\u2019s macro-financial assistance is","based on a complete quantitative","assessment of Ukraine\u2019s residual external","financing needs, and takes into account its","capacity to finance itself with its own","resources, in particular the international","reserves at its disposal. The Union\u2019s","macro-financial assistance should","complement the programmes and resources","provided by the IMF and the World Bank.","The determination of the amount of the","assistance also takes into account expected","financial contributions from bilateral and","multilateral donors and the need to ensure","fair burden sharing between the Union and","other donors, as well as the pre-existing","deployment of the Union\u2019s other external","financing instruments in Ukraine and the","added value of the overall Union","involvement."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"5","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-6","location":[[" Proposal for a decision","Recital 16 a (new)"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:07"},"new":["(16 a) The Union's macro-financial","assistance should not be used for","purposes of military or security","operations, so as not to intensify the civil","war or make the Union complicit in any","military activities that may result from","such activities being funded."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"6","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Joachim Schuster, Aleksander Gabelic","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-7","location":[[" Proposal for a decision","Recital 17"]],"meps":[124837,192465],"meta":{"created":"2019-07-03T06:04:07"},"new":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance (MFA)","should be that Ukraine fulfills the","conditions attached to past and future","MFA programmes, notably the fight","against corruption and the establishment","of an independent anti-corruption court","in line with the recommendations from","the Venice Commission, respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine and should promote structural","reforms aimed at supporting sustainable","and inclusive growth, poverty reduction of","the large part of the population,","employment creation, reduction of shadow","economy and of illegal employment and","fiscal consolidation. Both the fulfillment of","the preconditions and the achievement of","those objectives should be regularly","monitored by the Commission and the","European External Action Service","throughout the period of the MFA","programme. The Commission is expected","to present the Memorandum of","Understanding (MoU) to the European","Parliament as soon as possible and, in","any case, prior to the disbursal of the first","tranche of the macro-financial assistance."],"old":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance should","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine and should promote structural","reforms aimed at supporting sustainable","and inclusive growth, employment creation","and fiscal consolidation. Both the","fulfilment of the preconditions and the","achievement of those objectives should be","regularly monitored by the Commission","and the European External Action Service."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"7","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-8","location":[["Proposal for a decision","Recital 17"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:07"},"new":["(17) A pre-condition for granting the","Union's macro-financial assistance should","be that Ukraine respects effective","democratic mechanisms \u2014 including a","multi-party parliamentary system \u2014 and","the rule of law, and guarantees protection","of freedom of expression and respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine, ensure effective combatting of","corruption, money laundering and tax","avoidance, ensure governance and","supervision of the financial and banking","sector, and promote socially responsible","structural reforms aimed at supporting","sustainable and inclusive growth,","employment creation, the continued","provision of basic services for the","population and fiscal consolidation. Both","the fulfilment of the preconditions and the","achievement of those objectives should be","regularly monitored by the Commission","and the European External Action Service","and reported on."],"old":["(17) A pre-condition for granting the","Union\u2019s macro-financial assistance should","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights. In addition, the specific","objectives of the Union\u2019s macro-financial","assistance should strengthen the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine and should promote structural","reforms aimed at supporting sustainable","and inclusive growth, employment creation","and fiscal consolidation. Both the","fulfilment of the preconditions and the","achievement of those objectives should be","regularly monitored by the Commission","and the European External Action Service.",""],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"8","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-9","location":[[" Proposal for a decision","Recital 17 a (new)"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:07"},"new":["(17a) If the precondition and the","objectives are not met or if the aims and","principles of the Association Agreement","are generally disregarded, the","Commission should temporarily suspend","or cancel disbursement of the relevant","tranche of the Union\u2019s macro-financial","assistance."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"9","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-10","location":[[" Proposal for a decision","Recital 18"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:07"},"new":["(18) In order to ensure that the Union\u2019s","financial interests linked to the Union\u2019s","macro-financial assistance are protected","efficiently, Ukraine should take urgent","appropriate measures relating to the","prevention of, and fight against, fraud,","corruption and any other irregularities","linked to the assistance. Furthermore,","Ukraine should desist from","further harassment activities of anti-","corruption and pro-transparency","campaigners, for which Ukraine has a","concerning record. In addition, provision","should be made for the Commission to","carry out checks and for the Court of","Auditors to carry out audits, and the","assistance should be reduced or withheld","if serious improvements are not made."],"old":["(18) In order to ensure that the Union\u2019s","financial interests linked to the Union\u2019s","macro-financial assistance are protected","efficiently, Ukraine should take appropriate","measures relating to the prevention of, and","fight against, fraud, corruption and any","other irregularities linked to the assistance.","In addition, provision should be made for","the Commission to carry out checks and for","the Court of Auditors to carry out audits."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"10","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-11","location":[["Proposal for a decision","Recital 18 a (new)"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:08"},"new":["(18 a) An important step in the anti-","corruption activities Ukraine is to carry","out in order to receive the Union's macro-","financial assistance is the setting up of the","High Anti-Corruption Court, which was","initially blocked by the Ukrainian","Authorities. The staff and the judges of","that court should be politically","independent of the Ukrainian","Government and they should submit","annual personal financial interest","declarations, monitored by international","agencies with experience in such","reporting activity."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"11","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-12","location":[["Proposal for a decision","Recital 21"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["(21) The Union\u2019s macro-financial","assistance should be managed by the","Commission. In order to ensure that the","European Parliament and the Council are","able to follow the implementation of this","Decision, the Commission should regularly","inform them of developments relating to","the assistance and provide them with","relevant documents. In the process, the","Commission should also report in","particular on social developments and the","impact of the agreed reforms on socio-","economic cohesion in Ukraine."],"old":["(21) The Union\u2019s macro-financial","assistance should be managed by the","Commission. In order to ensure that the","European Parliament and the Council are","able to follow the implementation of this","Decision, the Commission should regularly","inform them of developments relating to","the assistance and provide them with","relevant documents."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"12","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-13","location":[[" Proposal for a decision","Recital 23"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["(23) The Union's macro-financial","assistance should be subject to conditions","which do not jeopardise the country's","socio-economic stability, which","measurably seek to combat poverty and","create jobs, and which do not reduce the","population's access to health care and","energy Those conditions should be laid","down in a Memorandum of Understanding,","including measurement criteria. In order","to ensure uniform conditions of","implementation and for reasons of","efficiency, the Commission should be","empowered to negotiate such conditions","with the Ukrainian authorities in line with","what is laid down by the European","Parliament and after consultations with","relevant Ukrainian stakeholders and","social partners and under the supervision","of the committee of representatives of the","Member States in accordance with","Regulation (EU) No 182/2011. The","outcome should be communicated to the","European Parliament without delay.","Under that Regulation, the advisory","procedure should, as a general rule, apply","in all cases other than as provided for in","that Regulation. Considering the","potentially important impact of assistance","of more than EUR 90 million, it is","appropriate that the examination procedure","be used for operations above that threshold.","Considering the amount of the Union's","macrofinancial assistance to Ukraine, the","examination procedure should apply to the","adoption of the Memorandum of","Understanding, and to any reduction,","suspension or cancellation of the","assistance,"],"old":["(23) The Union's macro-financial","assistance should be subject to economic","policy conditions, to be laid down in a","Memorandum of Understanding. In order","to ensure uniform conditions of","implementation and for reasons of","efficiency, the Commission should be","empowered to negotiate such conditions","with the Ukrainian authorities under the","supervision of the committee of","representatives of the Member States in","accordance with Regulation (EU) No","182/2011. Under that Regulation, the","advisory procedure should, as a general","rule, apply in all cases other than as","provided for in that Regulation.","Considering the potentially important","impact of assistance of more than EUR 90","million, it is appropriate that the","examination procedure be used for","operations above that threshold.","Considering the amount of the Union's","macrofinancial assistance to Ukraine, the","examination procedure should apply to the","adoption of the Memorandum of","Understanding, and to any reduction,","suspension or cancellation of the","assistance,"],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"13","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-14","location":[["Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 1"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["The release of the Union\u2019s macro-financial","assistance shall be managed by the","Commission in a manner consistent with","the agreements or understandings reached","between the International Monetary Fund","(IMF) and Ukraine, and with the principles","and objectives of political, institutional,","socio-economic and economic reforms set","out in the EU-Ukraine Association","Agreement, including the DCFTA, agreed","under the European Neighbourhood Policy","(ENP)."],"old":["The release of the Union\u2019s macro-financial","assistance shall be managed by the","Commission in a manner consistent with","the agreements or understandings reached","between the International Monetary Fund","(IMF) and Ukraine, and with the key","principles and objectives of economic","reforms set out in the EU-Ukraine","Association Agreement, including the","DCFTA, agreed under the European","Neighbourhood Policy (ENP)."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"14","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-15","location":[["Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 2"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof and the degree of","implementation by Ukraine of the","agreements reached, and shall provide","those institutions with the relevant","documents in due time."],"old":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof, and shall provide","those institutions with the relevant","documents in due time."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"15","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-16","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 5 a (new)"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:08"},"new":["5 a. The Union's macro-financial","assistance shall not be used for purposes","of military or security operations."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"16","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-17","location":[[" Proposal for a decision","Article 1 \u2013 paragraph 3 \u2013 subparagraph 2"]],"meps":[124837],"meta":{"created":"2019-07-03T06:04:08"},"new":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof, and shall provide","those institutions with the relevant","documents (Memorandum of","Understanding, report of reform","programmes etc.) in due time, notably","before the release of the first instalment."],"old":["The Commission shall regularly inform the","European Parliament and the Council of","developments regarding the Union\u2019s","macro-financial assistance, including","disbursements thereof, and shall provide","those institutions with the relevant","documents in due time."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"17","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-18","location":[[" Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["1. A pre-condition for granting the","Union's macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2014 including a multi-party","parliamentary system \u2014 and the rule of","law, and guarantees protection of freedom","of expression and respect for human","rights.","Prior to disbursement of the second","tranche, there shall be verification of, in","particular, the degree of implementation","of the agreed specific objectives of the","Union\u2019s macro-financial assistance with","regard to strengthening the efficiency,","transparency and accountability of the","public finance management systems in","Ukraine, to effectively","combatting corruption, money laundering","and tax avoidance, to ensuring","governance and supervision of the","financial and banking sector, and to","socially responsible structural reforms","aimed at supporting sustainable and","inclusive growth, employment creation,","the continued provision of basic services","for the population and fiscal","consolidation. Both the fulfilment of the","preconditions and the achievement of","those objectives shall be regularly","monitored by the Commission and the","European External Action Service and","reported on to the European Parliament","and the Council."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall be","that Ukraine respects effective democratic","mechanisms \u2013 including a multi-party","parliamentary system \u2013 and the rule of law,","and guarantees respect for human rights."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"18","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-19","location":[["Proposal for a decision","Article 2 \u2013 paragraph 1"]],"meps":[124837],"meta":{"created":"2019-07-03T06:04:08"},"new":["1. A pre-condition for granting the","Union\u2019s MFA shall be that Ukraine fulfills","the conditions attached to past and future","MFA programmes, notably the fight","against corruption and establishment of","an independent anti-corruption court in","line with the recommendations from the","Venice Commission, respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights."],"old":["1. A pre-condition for granting the","Union\u2019s macro-financial assistance shall","be that Ukraine respects effective","democratic mechanisms \u2013 including a","multi-party parliamentary system \u2013 and the","rule of law, and guarantees respect for","human rights."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"19","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-20","location":[[" Proposal for a decision","Article 3 \u2013 paragraph 1"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:08"},"new":["1. The Commission, in accordance","with the examination procedure referred to","in Article 7(2), shall agree with the","Ukrainian Government on clearly defined","political and financial conditions, focusing","on socially responsible structural reforms,","on ensuring that the population's basic","needs are met as regards health care and","energy and on sound public finances, to","which the Union's macro-financial","assistance is to be subject, to be laid down","in a Memorandum of Understanding (\u2018the","Memorandum of Understanding\u2019) which","shall include a timeframe","and measurement criteria for the","fulfilment of those conditions. The","political and financial conditions set out in","the Memorandum of Understanding shall","be consistent with the agreements or","understandings referred to in Article 1(3),","including the macroeconomic adjustment","and structural reform programmes","implemented by Ukraine with the support","of the IMF."],"old":["1. The Commission, in accordance","with the examination procedure referred to","in Article 7(2), shall agree with the","Ukrainian authorities on clearly defined","economic policy and financial conditions,","focusing on structural reforms and sound","public finances, to which the Union\u2019s","macro-financial assistance is to be subject,","to be laid down in a Memorandum of","Understanding (\u201cthe Memorandum of","Understanding\u201d) which shall include a","timeframe for the fulfilment of those","conditions. The economic policy and","financial conditions set out in the","Memorandum of Understanding shall be","consistent with the agreements or","understandings referred to in Article 1(3),","including the macroeconomic adjustment","and structural reform programmes","implemented by Ukraine with the support","of the IMF."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"20","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-21","location":[["Proposal for a decision","Article 3 \u2013 paragraph 1"]],"meps":[124837],"meta":{"created":"2019-07-03T06:04:08"},"new":["1. The Commission, in accordance","with the examination procedure referred to","in Article 7(2), shall agree with the","Ukrainian authorities on clearly defined","economic policy and financial conditions,","focusing on structural reforms and sound","public finances, to which the Union\u2019s","macro-financial assistance is to be subject,","to be laid down in a Memorandum of","Understanding (\u201cthe Memorandum of","Understanding\u201d) which shall include a","timeframe for the fulfilment of those","conditions. The economic policy and","financial conditions set out in the","Memorandum of Understanding shall be","consistent with the agreements or","understandings referred to in Article 1(3),","including the macroeconomic adjustment","and structural reform programmes","implemented by Ukraine with the support","of the IMF. The Memorandum of","Understanding shall be presented to and","discussed with the European Parliament","before the first disbursement."],"old":["1. The Commission, in accordance","with the examination procedure referred to","in Article 7(2), shall agree with the","Ukrainian authorities on clearly defined","economic policy and financial conditions,","focusing on structural reforms and sound","public finances, to which the Union\u2019s","macro-financial assistance is to be subject,","to be laid down in a Memorandum of","Understanding (\u201cthe Memorandum of","Understanding\u201d) which shall include a","timeframe for the fulfilment of those","conditions. The economic policy and","financial conditions set out in the","Memorandum of Understanding shall be","consistent with the agreements or","understandings referred to in Article 1(3),","including the macroeconomic adjustment","and structural reform programmes","implemented by Ukraine with the support","of the IMF."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"21","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Joachim Schuster","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-22","location":[["Proposal for a decision","Article 3 \u2013 paragraph 1 a (new)"]],"meps":[124837],"meta":{"created":"2019-07-03T06:04:09"},"new":["1 a. The MoU shall therefore indicate","as preconditions for the disbursement of","instalments, inter alia, that:","a) legistation is adopted on the","establishment and functioning of the anti-","curruption court in line with the","recommendations from the Venice","Commission, most notably on the","competences of the court, the eligibility","and competences of the candidates for the","post of judges, the candidate selection","process, which shall involve the","participation of international experts and","the Status of the judges;","b) civil society organisations working in","the field of anti-corruption are exempted","from e-declaration of assets;","c) the composition of the Central Election","Commission of Ukraine reflects a political","Balance representing all relevant political","forces and is replicated in the composition","of all Election Commissions at regional","and municipal level."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"22","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-23","location":[[" Proposal for a decision","Article 3 \u2013 paragraph 2"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:09"},"new":["2. The conditions referred to in","paragraph 1 shall aim, in particular, at","enhancing the efficiency, transparency and","accountability of the public finance","management systems in Ukraine, including","for the use of the Union's macro-financial","assistance. Progress in promoting social","cohesion in Ukraine, in mutual market","opening, in lowering Ukraine's trade","deficit and in developing rules-based and","fair trade, as well as conformity with the","Union\u2019s valuers-based external-policy","priorities shall also be duly taken into","account when designing the policy","measures. Progress in attaining those","objectives shall be regularly monitored by","the Commission and reported on to the","European Parliament and the Council."],"old":["2. The conditions referred to in","paragraph 1 shall aim, in particular, at","enhancing the efficiency, transparency and","accountability of the public finance","management systems in Ukraine, including","for the use of the Union\u2019s macro-financial","assistance. Progress in mutual market","opening, the development of rules-based","and fair trade, and other priorities in the","context of the Union\u2019s external policy","shall also be duly taken into account when","designing the policy measures. Progress in","attaining those objectives shall be regularly","monitored by the Commission."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"23","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"Jaros\u0142aw Wa\u0142\u0119sa","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-24","justification":"In view of consistence, the text is changed back to the wording of the previous Decisions of\nthe European Parliament and of the Council on providing macro-financial assistance\n(including the recent Decision (EU) 2018/598 of the European Parliament and of the Council\nof 18 April 2018 providing further macro-financial assistance to Georgia).","location":[["Proposal for a decision","Article 4 \u2013 paragraph 4"]],"meps":[96774],"meta":{"created":"2019-07-03T06:04:09"},"new":["4. Where the conditions referred to in","the first subparagraph of paragraph 3 are","not met, the Commission shall temporarily","suspend or cancel the disbursement of the","Union\u2019s macro-financial assistance. In such","cases, it shall inform the European","Parliament and the Council of the reasons","for that suspension or cancellation."],"old":["4. Where the Commission finds that","the conditions laid down in paragraph 3 are","not met, it shall temporarily suspend or","cancel the disbursement of the Union\u2019s","macro-financial assistance. In such cases, it","shall inform the European Parliament and","the Council of the reasons for that","suspension or cancellation."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"24","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":"William (The Earl of) Dartmouth","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-25","location":[["Proposal for a decision","Article 6 a (new)"]],"meps":[96958],"meta":{"created":"2019-07-03T06:04:09"},"new":["Article 6 a","To protect the financial interests of the","Union, all financial assistance shall be","subject to independent auditing. Where","necessary, data and findings on","corruption and fraud shall be raised with","other multilateral parties including, but","not restricted to, the UN, OSCE and","OECD."],"orig_lang":"en","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"25","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"},{"authors":" Helmut Scholz","changes":{},"committee":["INTA"],"date":"2018-04-26T00:00:00","id":"PE621.065-26","location":[[" Proposal for a decision","Article 8 \u2013 paragraph 2"]],"meps":[96646],"meta":{"created":"2019-07-03T06:04:09"},"new":["2. Not later than two years after the","expiry of the availability period referred to","in Article 1(4), the Commission shall","submit to the European Parliament and to","the Council an ex-post evaluation report,","assessing the results and efficiency of the","completed Union\u2019s macro-financial","assistance and the extent to which it has","contributed to the aims of the assistance.","The report shall contain a separate","chapter on social development and on the","impact of the reforms on socio-economic","cohesion in Ukraine."],"old":["2. Not later than two years after the","expiry of the availability period referred to","in Article 1(4), the Commission shall","submit to the European Parliament and to","the Council an ex-post evaluation report,","assessing the results and efficiency of the","completed Union\u2019s macro-financial","assistance and the extent to which it has","contributed to the aims of the assistance."],"orig_lang":"de","peid":"PE621.065v01-00","reference":"2018/0058(COD)","seq":"26","src":"http://www.europarl.europa.eu/doceo/document/INTA-AM-621065_EN.pdf"}],"changes":{"2018-03-14T04:45:17":[{"data":[{"body":"EC","commission":[],"date":"2018-03-09T00:00:00","docs":[{"celexid":"CELEX:52018PC0127:EN","title":"COM(2018)0127","type":"Legislative proposal published","url":"http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2018/0127/COM_COM(2018)0127_EN.pdf"}],"type":"Legislative proposal published"}],"path":["activities"],"type":"added"},{"data":[],"path":["other"],"type":"added"},{"data":[{"body":"EP","committee":"AFET","committee_full":"Foreign Affairs","responsible":false},{"body":"EP","committee":"BUDG","committee_full":"Budgets","responsible":false},{"body":"EP","committee":"INTA","committee_full":"International Trade","responsible":true}],"path":["committees"],"type":"added"},{"data":{},"path":["links"],"type":"added"},{"data":{"geographical_area":["Ukraine"],"instrument":"Decision","legal_basis":["Treaty on the Functioning of the EU TFEU 212"],"reference":"2018/0058(COD)","stage_reached":"Preparatory phase in Parliament","subject":["6.20.07 Macro-financial assistance to third countries"],"subtype":"Legislation","summary":["See also","See also","See also"],"title":"Further macro-financial assistance to Ukraine","type":"COD - Ordinary legislative procedure (ex-codecision procedure)"},"path":["procedure"],"type":"added"}],"2018-03-23T04:28:02":[{"data":"2018-03-20T00:00:00","path":["committees",0,"date"],"type":"added"},{"data":[{"group":"EPP","mepref":"4f1ac81db819f25efd0000ca","name":"GAHLER Michael"}],"path":["committees",0,"rapporteur"],"type":"added"}],"2018-03-27T04:18:06":[{"data":{"Commissioner":"MOSCOVICI Pierre","DG":{"title":"Economic and Financial Affairs","url":"http://ec.europa.eu/info/departments/economic-and-financial-affairs_en"}},"path":["activities",0,"commission",0],"type":"added"},{"data":{"body":"EC","commissioner":"MOSCOVICI Pierre","dg":{"title":"Economic and Financial Affairs","url":"http://ec.europa.eu/info/departments/economic-and-financial-affairs_en"}},"path":["other",0],"type":"added"}],"2018-03-29T04:18:04":[{"data":"2018-03-21T00:00:00","path":["committees",2,"date"],"type":"added"},{"data":[{"group":"EPP","mepref":"4f1adc77b819f207b300011c","name":"WA\u0141\u0118SA Jaros\u0142aw"}],"path":["committees",2,"rapporteur"],"type":"added"}],"2018-03-31T04:33:46":[{"data":["
PURPOSE: to provide additional macro-financial\nassistance to Ukraine to support economic stabilisation and\nstructural reforms.
\nPROPOSED ACT: Decision of the European Parliament and\nof the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with the Council.
\nBACKGROUND: relations between the European Union and\nUkraine continue to develop within the framework of the European\nNeighbourhood Policy and the Eastern Partnership. An Association\nAgreement between the Union and Ukraine, including a Deep and\nComprehensive Free Trade Area (DCFTA), entered into force on 1\nSeptember 2017.
\nSince spring 2014, Ukraine has embarked on an\nambitious reform programme aiming to stabilise its economy and\nimprove the livelihoods of its citizens.
\nIn addition to its political support, the Union\npledged over EUR 11 billion financial package in March 2014 to\nsupport economic stabilisation and reform implementation in\nUkraine, including 1.6 billion of macro-financial assistance\npursuant to Council\nDecision 2002/639/EC, Decision\nNo 646/2010/EU of the European Parliament and of the Council\nand pursuant to Council Decision 2014/215/EU.
\nIn view of Ukraine's substantial external financing\nneeds, an additional EUR 1.8 billion of macro-financial assistance\n(MFA) was made available to the country in April 2015 pursuant to\nDecision\n(EU) 2015/601 of the European Parliament and of the\nCouncil.
\nSince May 2014, Ukraine has received EUR 2.81 billion\nof macro-financial assistance from the Union, including EUR 1.2 billion out of the EUR 1.8 billion\navailable under Decision (EU) 2015/601.
\nUkraine fulfilled 17 of the 21 policy commitments\nattached to the third tranche of EUR 600 million that could\nhave been made available to Ukraine under the third MFA operation.\nAlthough four measures were not implemented by the time the\navailability period of the assistance expired in January 2018.\nUnder these circumstances, the Commission was not in a position\nto disburse the last tranche under the third MFA\noperation.
\nGiven that a residual external financing gap remains\nin Ukraines balance of payments over and above the resources\nprovided by the IMF and other multilateral institutions, the Union\nmacro-financial assistance to be provided to Ukraine is, under the\ncurrent exceptional circumstances, considered to be an appropriate\nresponse to Ukraines request for support to its economic\nstabilisation, in conjunction with the IMF programme.
\nThe Unions macro-financial assistance would\nsupport the economic stabilisation and the structural reform agenda\nof Ukraine, supplementing resources made available under the\nIMFs financial arrangement.
\nCONTENT: under the proposed Decision, the European\nUnion shall make MFA available to Ukraine for a total amount of\nup to EUR 1 billion, provided in the form of medium- to long-term\nloans.
\nThe objective of the proposed AMF is to:
\nThe assistance is planned to be disbursed in two\nloan instalments. Provided the policy measures attached to each\ntranche have been implemented in a timely manner, the first\ninstalment is expected to be disbursed in the second half of 2018,\nwhile the second instalment could be released in the first half of\n2019.
\nAll disbursements under the proposed programme,\nincluding the first, would be conditional on the implementation of\nreform measures designed to address vulnerabilities identified in\nthe Ukrainian economy. These reforms, established in a Memorandum\nof Understanding, will have to take into account the measures of\nthe previous MFA operation that have not yet been implemented,\nnamely the establishment of a system for verifying asset\ndeclarations of public officials and a verification of data to be\nprovided by companies on their beneficial owners. The issue wood\nexport ban shall also be examined.
\nThe MFA may only be completed if major reforms in the\nfight against corruption and governance are well\nimplemented.
\nIn addition, the Memorandum for the new programme will\nalso include other measures to be implemented by Ukraine in order\nto receive the first and second disbursement. These will comprise\nactions in the area of public finance management.
\nBUDGETARY IMPLICATION: the planned assistance would be\nprovided in the form of loans and should be financed through\nborrowing operations that the Commission will conduct on behalf of\nthe EU. The budgetary costs of the assistance will correspond to\nthe provisioning, at a rate of 9%, of the amounts disbursed into\nthe guarantee fund for external lending of the EU, from budget\nline 01 03 06 (Provisioning of the Guarantee\nFund).
\nAssuming that the first loan disbursements will be\nmade in 2018 for a total amount of EUR 500 million and the second\nloan disbursement in 2019 for the amount of EUR 500 million, and\naccording to the rules governing the guarantee fund mechanism, the\nprovisioning will take place in the budgets for 2020 (EUR 45\nmillion) and 2021 (EUR 45 million).
\nThe total impact on expenditure is estimated at\nEUR 90.997 million for the period 2017-2021.
\nThe Committee on International Trade adopted the\nreport by Jarosław WAŁĘSA (EPP, PL) on the proposal\nfor a decision of the European Parliament and of the Council\nproviding further macro-financial assistance to Ukraine.
\nThe committee recommended that the European\nParliaments position adopted at first reading under the\nordinary legislative procedure should amend the Commission\nproposal.
\nThe amended text is changed back to the wording of the\nprevious Decisions of the European Parliament and of the Council on\nproviding macro-financial assistance, specifying that where the\nconditions set out in the proposed decision are not met, the\nCommission shall temporarily suspend or cancel the disbursement of\nthe Unions macro-financial assistance.
\nA joint statement by the Parliament, the\nCouncil and the Commission specifies the following:
\nThe European Parliament adopted by 527 votes to\n124 with 29 abstentions a legislative resolution on the proposal\nfor a decision of the European Parliament and of the Council\nproviding further macro-financial assistance to Ukraine.
\nParliaments position adopted at first\nreading under the ordinary legislative procedure approved the\nEuropean Commission's proposal for macro-financial assistance to\nUkraine of up to EUR 1 billion to facilitate the stabilisation\nof its economy and the implementation of a comprehensive reform\nprogram. Union assistance will be paid to Ukraine in two tranches\nover two and a half years, in the form of loans with a maximum\naverage duration of 15 years.
\nA joint statement by Parliament,\nthe Council and the Commission annexed to the resolution specifies the\npolitical conditions that Ukraine must fulfil:
\nThe statement recalled that this\nmacro-financial assistance to Ukraine shall contribute to values\nshared with the European Union, including sustainable and socially\nresponsible development leading to employment creation and poverty\nreduction, and a commitment to a strong civil society.
\nPURPOSE: to provide additional macro-financial\nassistance to Ukraine to support economic stabilisation and\nstructural reforms.
\nPROPOSED ACT: Decision of the European Parliament and\nof the Council.
\nROLE OF THE EUROPEAN PARLIAMENT: the European\nParliament decides in accordance with the ordinary legislative\nprocedure and on an equal footing with the Council.
\nBACKGROUND: relations between the European Union and\nUkraine continue to develop within the framework of the European\nNeighbourhood Policy and the Eastern Partnership. An Association\nAgreement between the Union and Ukraine, including a Deep and\nComprehensive Free Trade Area (DCFTA), entered into force on 1\nSeptember 2017.
\nSince spring 2014, Ukraine has embarked on an\nambitious reform programme aiming to stabilise its economy and\nimprove the livelihoods of its citizens.
\nIn addition to its political support, the Union\npledged over EUR 11 billion financial package in March 2014 to\nsupport economic stabilisation and reform implementation in\nUkraine, including 1.6 billion of macro-financial assistance\npursuant to Council\nDecision 2002/639/EC, Decision\nNo 646/2010/EU of the European Parliament and of the Council\nand pursuant to Council Decision 2014/215/EU.
\nIn view of Ukraine's substantial external financing\nneeds, an additional EUR 1.8 billion of macro-financial assistance\n(MFA) was made available to the country in April 2015 pursuant to\nDecision\n(EU) 2015/601 of the European Parliament and of the\nCouncil.
\nSince May 2014, Ukraine has received EUR 2.81 billion\nof macro-financial assistance from the Union, including EUR 1.2 billion out of the EUR 1.8 billion\navailable under Decision (EU) 2015/601.
\nUkraine fulfilled 17 of the 21 policy commitments\nattached to the third tranche of EUR 600 million that could\nhave been made available to Ukraine under the third MFA operation.\nAlthough four measures were not implemented by the time the\navailability period of the assistance expired in January 2018.\nUnder these circumstances, the Commission was not in a position\nto disburse the last tranche under the third MFA\noperation.
\nGiven that a residual external financing gap remains\nin Ukraines balance of payments over and above the resources\nprovided by the IMF and other multilateral institutions, the Union\nmacro-financial assistance to be provided to Ukraine is, under the\ncurrent exceptional circumstances, considered to be an appropriate\nresponse to Ukraines request for support to its economic\nstabilisation, in conjunction with the IMF programme.
\nThe Unions macro-financial assistance would\nsupport the economic stabilisation and the structural reform agenda\nof Ukraine, supplementing resources made available under the\nIMFs financial arrangement.
\nCONTENT: under the proposed Decision, the European\nUnion shall make MFA available to Ukraine for a total amount of\nup to EUR 1 billion, provided in the form of medium- to long-term\nloans.
\nThe objective of the proposed AMF is to:
\nThe assistance is planned to be disbursed in two\nloan instalments. Provided the policy measures attached to each\ntranche have been implemented in a timely manner, the first\ninstalment is expected to be disbursed in the second half of 2018,\nwhile the second instalment could be released in the first half of\n2019.
\nAll disbursements under the proposed programme,\nincluding the first, would be conditional on the implementation of\nreform measures designed to address vulnerabilities identified in\nthe Ukrainian economy. These reforms, established in a Memorandum\nof Understanding, will have to take into account the measures of\nthe previous MFA operation that have not yet been implemented,\nnamely the establishment of a system for verifying asset\ndeclarations of public officials and a verification of data to be\nprovided by companies on their beneficial owners. The issue wood\nexport ban shall also be examined.
\nThe MFA may only be completed if major reforms in the\nfight against corruption and governance are well\nimplemented.
\nIn addition, the Memorandum for the new programme will\nalso include other measures to be implemented by Ukraine in order\nto receive the first and second disbursement. These will comprise\nactions in the area of public finance management.
\nBUDGETARY IMPLICATION: the planned assistance would be\nprovided in the form of loans and should be financed through\nborrowing operations that the Commission will conduct on behalf of\nthe EU. The budgetary costs of the assistance will correspond to\nthe provisioning, at a rate of 9%, of the amounts disbursed into\nthe guarantee fund for external lending of the EU, from budget\nline 01 03 06 (Provisioning of the Guarantee\nFund).
\nAssuming that the first loan disbursements will be\nmade in 2018 for a total amount of EUR 500 million and the second\nloan disbursement in 2019 for the amount of EUR 500 million, and\naccording to the rules governing the guarantee fund mechanism, the\nprovisioning will take place in the budgets for 2020 (EUR 45\nmillion) and 2021 (EUR 45 million).
\nThe total impact on expenditure is estimated at\nEUR 90.997 million for the period 2017-2021.
\nThe Committee on International Trade adopted the\nreport by Jarosław WAŁĘSA (EPP, PL) on the proposal\nfor a decision of the European Parliament and of the Council\nproviding further macro-financial assistance to Ukraine.
\nThe committee recommended that the European\nParliaments position adopted at first reading under the\nordinary legislative procedure should amend the Commission\nproposal.
\nThe amended text is changed back to the wording of the\nprevious Decisions of the European Parliament and of the Council on\nproviding macro-financial assistance, specifying that where the\nconditions set out in the proposed decision are not met, the\nCommission shall temporarily suspend or cancel the disbursement of\nthe Unions macro-financial assistance.
\nA joint statement by the Parliament, the\nCouncil and the Commission specifies the following:
\nThe European Parliament adopted by 527 votes to\n124 with 29 abstentions a legislative resolution on the proposal\nfor a decision of the European Parliament and of the Council\nproviding further macro-financial assistance to Ukraine.
\nParliaments position adopted at first\nreading under the ordinary legislative procedure approved the\nEuropean Commission's proposal for macro-financial assistance to\nUkraine of up to EUR 1 billion to facilitate the stabilisation\nof its economy and the implementation of a comprehensive reform\nprogram. Union assistance will be paid to Ukraine in two tranches\nover two and a half years, in the form of loans with a maximum\naverage duration of 15 years.
\nA joint statement by Parliament,\nthe Council and the Commission annexed to the resolution specifies the\npolitical conditions that Ukraine must fulfil:
\nThe statement recalled that this\nmacro-financial assistance to Ukraine shall contribute to values\nshared with the European Union, including sustainable and socially\nresponsible development leading to employment creation and poverty\nreduction, and a commitment to a strong civil society.
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