Kiev: Interim Ukraine premier Arseniy Yatsenyuk and his government will hold talks in Brussels on May 13 with the European Commission to examine further support from the 28-nation bloc, the EU executive said Monday.
The Commission "is determined to help Ukraine, and to make sure that Ukraine has all the support it needs, in the short- and long- term, to undertake the political and economic reforms that are necessary for the country," a statement said.
The meeting between the Kiev government and the 28 members of the Commission will be followed by a joint press conference by Commission president Jose Manuel Barroso and Yatsenyuk.
The EU`s foreign ministers last month approved a one-billion-euro ($1.4-billion) package to help overcome the crisis-torn country`s deep financial problems.
In a further move to revive the flagging Ukrainian economy, they also signed off on a plan to lower customs duties on Ukrainian goods that could save the country almost 500 million euros a year.
The medium-term loan of almost one billion euros -- part of a total 11 billion euros in assistance -- aims to help cover Kiev`s balance-of-payments needs and comes in addition to 610 million euros of aid that has been approved but not yet disbursed.
The cut in trade tariffs for Ukrainian imports until November 1 is a one-sided measure that will not affect duties on exports to Ukraine from the EU.
It is a first stage in a free-trade pact due to be signed by Brussels with Kiev later this year which was linked to the EU-Ukraine Association Agreement that former president Viktor Yanukovych refused to sign in November, triggering the protests that led to the pro-Russian leader`s ouster.