The first good news is that the EU will provide an emergency macro-financial assistance operation of €1.2 billion in the form of loans to foster stability in Ukraine.
The second one is that the Council finalised the adoption today, only 21 days after the Commission presented its proposal.
The bad news are that the release of the first and second tranche are subject to the implementation of the IMF programme, would occur swiftly after the approval of this proposal, upon entry into force of the Memorandum of Understanding (MoU) on specific structural policy measures, to be agreed between the European Commission on behalf of the EU and Ukraine.
So EU intends to provide swift support in a situation of acute crisis and to strengthen Ukraine’s resilience or try to change the Ukraine state?
I fully understand that we cannot lend money unconditionally, but why IMF and not only an MoU between EU and Ukraine? When Europe will become an international player?
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