Economics
Ukraine Asks EU for Financial Aid With Russian Troops at Border
- The new three-year package will help to repay debt obligations
- EU ready to help as long as Kyiv requests a new IMF program
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Ukraine has appealed to the European Union for additional financial aid as the country struggles to meet its obligations and faces the threat of a potential invasion from Russian troops massing on its borders.
“We have formally requested from the European Commission a long-term, macro-financial program to ensure sustainable financing in the upcoming years,” Yuriy Butsa, Ukraine’s commissioner for public debt management, said via WhatsApp.