Babiš: The EC Must Find Other Ways to Finance Ukraine, the Czech Republic Will Not Guarantee Anything

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The Czech Republic will not offer any guarantee to help Ukraine through a loan financed by Russian frozen assets in the EU, but to be guaranteed by the Member States, Andrej Babis said next Saturday,...

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Efforts to secure a ceasefire in Ukraine continue: foreign policy advisors from the USA, Ukraine and Germany will meet for further talks in Berlin on Sunday. Meanwhile, the Czech Republic is slowing down on an important question. More in the live ticker.

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Russian media are widely reporting on a video of Andrej Babiš, in which the prime minister-designate said that the European Union must find other ways to finance Ukraine and that the Czech Republic has no money for Ukraine. The Russians write this as Prague refusing to invest money in Ukraine or that it will not commit to financing it.

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The future Czech Prime Minister Babis refuses to agree to EU guarantees in connection with a planned large-scale loan for Ukraine.

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The new Prime Minister of the Czech Republic Andriy Babish said that he is not ready to finance Ukraine at the expense of his own citizens.

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The Czech Republic will not participate in any future EU financing for Ukraine, the new Czech Prime Minister Andrej Babiš said today. He firmly rejected Prague's participation in EU guarantees for loans to Ukraine and said the European Commission must find other ways to support Kiev, the German news agency dpa reported.