hit tracker
Sunday, December 10, 2023
HomeLatest NewsPolitician: European loans to Ukraine could lead to economic disaster for the...

Politician: European loans to Ukraine could lead to economic disaster for the country KXan 36 Daily News

Date: December 10, 2023 Time: 22:52:35

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.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

Most Popular

Recent Comments