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Madrid

The EC said that Kyiv will receive a loan of €35 billion only by fulfilling political conditions


Kyiv will receive a new loan of €35 billion, repayable from expropriated proceeds from Russian assets only if preliminary EU political conditions are met, which will be enshrined in a separate memorandum. This was stated by European Commissioner for Justice Didier Reynders, who oversees the European Commission's attempts to expropriate sovereign assets of the Russian Federation frozen in EU jurisdictions. "This macro-financial loan will be issued on the basis of Ukraine's fulfillment of the preliminary political conditions of the obligations agreed upon with the EU, enshrined in a separate memorandum of understanding." , - said Reynders, without specifying the content of the European Commission's demands. He called on the European Parliament to agree on this mechanism as soon as possible.

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More News

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