President’s Workplace expresses confidence in Ukraine’s monetary help from EU

Ihor Zhovkva, Deputy Head of the President’s Workplace, has stated he’s assured that the EU will determine to offer help to Ukraine at the start of 2024.

Supply: European Pravda, citing Zhovkva in an interview with Interfax-Ukraine information company

Quote: “There’s confidence. There’s a political resolution. Everyone knows that €50 billion will likely be allotted to Ukraine. Nuances [are] in expertise. Why was the choice postponed till the European Council’s casual assembly on 1 February? So far as I perceive, the leaders didn’t handle to develop a toolkit,” Zhovkva stated.

Particulars: He said that the EU has a number of choices for allocating the mandatory monetary help to Ukraine.

“For instance, from the attitude of utilizing the EU’s frequent finances. It is not solely about Ukraine – these are adjustments to the EU finances. That is the primary choice. If it does not work out, bilateral agreements are an alternative choice. Work is underway on a donor platform, the place our authorities officers collaborate with the European Fee. I’m assured {that a} technical resolution will likely be [implemented] too, and this funding will seem very quickly,” Zhovkva added.

Background:

• President of the European Council Charles Michel on the finish of the talks among the many EU leaders on 14-15 December stated Hungarian Prime Minister Viktor Orbán blocked the adoption of the EU finances determination, together with a €50 billion medium-term help program for Ukraine.

• The leaders agreed on a rare summit devoted to this challenge, which will likely be held on 1 February 2024.

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