(QHA) -

Ukraine is requesting financial assistance in the amount of 20 billion euro from the European Union as part of preparations for signing an association agreement, Ukrainian Prime Minister Mykola Azarov said, Interfax-Ukraine reports.

"Those who have gathered at Maidan [Independence Square in Kyiv] are demanding that an association agreement be immediately signed with the EU. The government also favors the soonest possible signing of the agreement, but we want to provide conditions to minimize losses for the Ukrainian economy," Azarov said.

"We have invited the European Commission to consider under what conditions our industry and economy as a whole will work. We propose resolving the issue by offering financial aid to Ukraine. We have determined its approximate amount at 20 billion euros," Azarov said in opening a government meeting on Wednesday.