US EditionEu Deal on Ukraine Funding 'Increasingly Difficult,' Kallas ...
13 Articles
13 Articles
Negotiations on a “reparative loan” for Ukraine are becoming increasingly difficult, EU High Representative for Foreign Affairs and Security Policy Kaia Kallas said.
Kaja Kallas said that "next negotiations are increasingly difficult" and argued that the use of Russian assets frozen in the countries of the European Union is the most credible solution.
The Defense Post
Kyiv PostEU Faces ‘Very Important’ Decisions This Week on Ukraine Funding: Kallas
The EU must take "very important" decisions on funding Ukraine at a crunch summit this week, but talks over using frozen Russian assets are getting harder, the bloc's top diplomat said Monday.
The EU calls the reparations loan unavoidable and calls for strength in the face of Russian threats.
The EU does not have a consensus to issue Eurobonds to support Ukraine, so the reparations loan remains the most feasible financing option, said the head of European diplomacy, Kaja Kallas. Recently, it was announced that Italy, Bulgaria, and Malta joined Belgium in supporting efforts to find alternatives to Ukraine’s €210B reparations loan, which the EC proposes to fund using frozen Russian assets. This position was endorsed by the Czech Republ…
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