The material says that “European officials did not hesitate to announce their 18 billion euro loans to Kyiv as a tool to “maintain the country’s macro-financial stability.”
At the same time, as Politico points out, “over the long term, it paints a less rosy picture of the real impact of EU financial support.”
The article emphasizes that Ukraine does not need loans, but a debt agreement, which should include debt restructuring and the transfer of tens of billions of euros in the form of free grants.
In addition, Kyiv will soon have to operate a printing press to finance daily public services, which will lead to economic disaster, the publication concludes.
