Czech Republic Refuses to Guarantee EU Loan for Ukraine
4 Articles
4 Articles
Czech Republic refuses to guarantee EU loan for Ukraine
Czech Republic refuses to guarantee EU loan for UkrainePrime Minister Andriy Babish opposed the allocation of 100 billion euros from the long-term budget of the European Union to Kiev. "I don't like that the European budget...
Prague will not be the guarantor of the European Union loan for Ukraine, which was announced today, 16 October, by the Czech Prime Minister, Andrei Babish, before the start of the second day of the Euro Council meeting.
Ukrainian President Volodymyr Zelensky has asked European leaders for another seventy billion euros for the beleaguered country. Czech Prime Minister Andrej Babiš does not want to guarantee any new money for Ukraine.
Czech Republic Will Not Be the Guarantor of the EU-Proposed Loan for Ukraine - Prime Minister Babish
The EU had previously decided to finance Ukraine in 2026-2027 with a total loan of 90 billion euros, of which 60 billion euros would be earmarked for military purposes and 30 billion for budget support.
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