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City of Kiev may borrow UAH500 million to reimburse Kyivenergo
Journal Staff Report

KIEV, Oct. 5 – Kiev is intending to attract a loan of UAH 500 million to compensate Kyivenergo for the difference in the amount it pays for energy and the amount it charges in tariffs, deputy head of Kiev city state administration Oleksandr Mazurchak told journalists on Tuesday.

"We are working on the issue of paying another UAH 500 million," he said.

According to Mazurchak, the issue of attracting a credit will be put on the agenda of a meeting of Kiev City Council scheduled for October 7.




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