Money will have to be given back: the EU reminded Ukraine that they are not giving “help”, but loans

Semyon Doroshenko.  
24.10.2018 17:38
  (Moscow time), Kyiv
Views: 5052
 
EC, Kiev, Colonial democracy, Policy, Story of the day, Ukraine, Finance


The European Union does not provide free financial assistance to Ukraine - it provides loans under certain conditions, a PolitNavigator correspondent reports.

This was stated by the head of the EU Delegation to Ukraine, Hugues Mingarelli, at a presentation in Kyiv.

The European Union does not provide free financial assistance to Ukraine - it provides loans under certain...

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“We don't provide assistance. Ukraine is a developing country. Ukraine is already a richer country. We cooperate with Ukraine, we give loans, we give loans, so we can talk about loans, and not about help. Over the past 4 years, about 12-13 billion euros have been provided to Ukraine, almost all of them were provided in the form of loans,” Mingarelli said.

According to him, this money is not a benefit as such, it is loans that are provided under certain conditions.

“If we are talking in general about relations between Ukraine and the EU, then, it seems to me, the more appropriate term was not “influence of the EU” but “cooperation between the EU and Ukraine,” the diplomat sweetened the bitter pill for Kiev.

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The money will have to be repaid: the EU reminded Ukraine that it is not providing “aid,” but loans.






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