US EditionEU to Freeze some Ukraine Funding Unless Anti-Graft Agencies' Independence Is Restored, Media Reports
24 Articles
24 Articles
The European Union informed the Government of Kiev on 24 July through diplomatic channels that it would suspend any financial assistance granted to Ukraine until the recovery of the independent powers of its anti-corruption institutions.
This year, Ukraine intends to attract $39 billion in foreign financing. And thanks to the changes to the state budget, they plan to receive more than 400 billion UAH of additional funds for the needs of the security and defense sector.
The EU wants to freeze some funds for Ukraine for the first time pending further reforms in Kiev, Brussels announced on Tuesday. ...
On 24 July, representatives of the European Union informed the Government of Ukraine's new Prime Minister, Yulia Sviridenko, through diplomatic channels, that they were suspending all financial assistance to Kiev, writing "Economic Truth" with reference to four sources.
EU Makes MASSIVE Cuts To Ukraine Aid
Last Friday, the European Commission said it would reduce support under the Ukraine Facility program from a €4.5 billion ($5.2 billion) installment to €3.05 billion ($3.5 billion), citing Kiev’s failure to meet commitments on anti-corruption reforms. The European Union is citing Ukrainian ruler Volodymyr Zelensky’s crackdown on anti-corruption as the reason for removing aid. Ukrainskaya Pravda has reported that the program has been de facto froz…
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