Macro-financial assistance to Ukraine
Ministers discussed a proposal by the Commission to grant macro-financial assistance of up to €1.8 billion to Ukraine. The presidency concluded that a decision had to be taken quickly.
"Political developments mean that the EU must be in a position to provide assistance", said Mr Reirs.
The assistance would be provided in the form of medium-term loans, disbursed in three instalments. It would help cover Ukraine's outstanding external financing needs in 2015-16.
Money laundering and terrorist financing
The Council endorsed an agreement reached with the European Parliament on new rules to prevent money laundering and terrorist financing.
Agreement with the Parliament was reached by the presidency in December 2014. Approval of that outcome paves the way for adoption of the package at second reading.
Following the recent terrorist attacks in Paris, the Council and the Commission agreed a statement highlighting the need to take decisive actions against terrorist financing.
To enhance the efficiency of the new rules, the statement calls for further efforts towards:
- speeding up national implementation of those rules;
- strengthening cooperation on terrorist financing between the member states' financial intelligence units;
- addressing terrorist financing risks via the EU's supranational risk assessment.