European Parliament legislative resolution of 13 June 2018 on the proposal for a decision of the European Parliament and of the Council providing further macro-financial assistance to Ukraine (COM(2018)0127 – C8-0108/2018 – 2018/0058(COD)) P8_TC1-COD(2018)0058 Position of the European Parliament adopted at first reading on 13 June 2018 with a view to the adoption of Decision (EU) 2018/... of the European Parliament and of the Council providing further macro-financial assistance to Ukraine
Date: 2018-06-13
Institutions: Committee on Budgets, Committee on Foreign Affairs, Committee on International Trade, European Parliament
Subjects: European neighbourhood policy, International Monetary Fund, Ukraine, economic reform, economic stabilisation, macro-financial assistance, structural adjustment








C_2020028EN.01016001.xml










27.1.2020   


EN


Official Journal of the European Union


C 28/160






P8_TA(2018)0255
Further macro-financial assistance to Ukraine ***I
European Parliament legislative resolution of 13 June 2018 on the proposal for a decision of the European Parliament and of the Council providing further macro-financial assistance to Ukraine (COM(2018)0127 – C8-0108/2018 – 2018/0058(COD))
(Ordinary legislative procedure: first reading)
(2020/C 28/24)

The European Parliament,







—


having regard to the Commission proposal to Parliament and the Council (COM(2018)0127),










—


having regard to Article 294(2) and Article 212(2) of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C8-0108/2018),










—


having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the Joint Declaration of the European Parliament and of the Council adopted together with Decision No 778/2013/EU of the European Parliament and of the Council of 12 August 2013 providing further macro-financial assistance to Georgia (1),










—


having regard to the undertaking given by the Council representative by letter of 29 May 2018 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 59 of its Rules of Procedure,










—


having regard to the report of the Committee on International Trade and the opinion of the Committee on Foreign Affairs (A8-0183/2018),












1.


Adopts its position at first reading hereinafter set out;












2.


Approves the joint statement by Parliament, the Council and the Commission annexed to this resolution;












3.


Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;












4.


Instructs its President to forward its position to the Council, the Commission and the national parliaments.






(1)  OJ L 218, 14.8.2013, p. 15





P8_TC1-COD(2018)0058
Position of the European Parliament adopted at first reading on 13 June 2018 with a view to the adoption of Decision (EU) 2018/... of the European Parliament and of the Council providing further macro-financial assistance to Ukraine

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Decision (EU) 2018/947).







ANNEX TO THE LEGISLATIVE RESOLUTION JOINT STATEMENT BY PARLIAMENT, THE COUNCIL AND THE COMMISSION

The Parliament, the Council and the Commission recall that a pre-condition for granting macro-financial assistance is that the beneficiary country respects effective democratic mechanisms – including a multi-party parliamentary system – and the rule of law, and guarantees respect for human rights.
The Commission and the European External Action Services shall monitor the fulfilment of this pre-condition throughout the life-cycle of the Union's macro-financial assistance.
In light of the unfulfilled conditions on the fight against corruption and the related cancellation of the third instalment of the previous programme of macro-financial assistance under Decision (EU) 2015/601, the European Parliament, the Council and the Commission underline that further macro-financial assistance will be conditional on progress in the fight against corruption in Ukraine. To that effect, the economic policy and financial conditions of the Memorandum of Understanding to be agreed between the European Union and Ukraine shall include inter alia obligations to strengthen the governance, the administrative capacities and the institutional set-up in particular for the fight against corruption in Ukraine, notably regarding a verification system for asset declarations, the verification of companies’ beneficial ownership data and a well-functioning specialised anti-corruption court in line with the recommendations of the Venice Commission. Conditions on combating money laundering and tax avoidance shall also be considered. In line with Article 4(4), where the conditions are not met, the Commission shall temporarily suspend or cancel the disbursement of the macro-financial assistance.
Further to regularly informing the European Parliament and the Council of developments relating to the assistance and providing them with relevant documents, the Commission shall, upon each disbursement, report publicly on the fulfilment of all economic policy and financial conditions linked to this disbursement, in particular those concerning the fight against corruption.
The European Parliament, the Council and the Commission recall that this macro-financial assistance to Ukraine shall contribute to values shared with the European Union, including sustainable and socially responsible development leading to employment creation and poverty reduction, and a commitment to a strong civil society. The Commission shall accompany the draft Commission Implementing Decision approving the Memorandum of Understanding with an analysis of the expected social impact of the macro-financial assistance. In accordance with Regulation (EU) No 182/2011 this analysis will be submitted to the Member State Committee and shall be made available to the Parliament and the Council through the register of committee proceedings.