Zelensky accuses again Europe, Germany demanding "his money"

1 year ago
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1. Zelensky accuses again Europe, Germany demanding "his money" all and quickly: "8 billion euros of aid is now inhibited. This is either a crime or a mistake. I don't want to name the country that slows down the process. I hope it's just a mistake" he said.
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2. Zelensky's office accused Germany of blocking macro-financial assistance to Kyiv.

Berlin prevents the EU from providing assistance to Kyiv. This statement was made during a briefing by Deputy Head of the Office of the President of Ukraine Igor Zhovkva.

"Ukraine has received one billion euros out of nine billion macro-financial assistance adopted by the decision of the EU countries. We expect to receive another eight billion euros. Unfortunately, some EU countries, in particular Germany, are blocking consideration of this issue for the time being," the official explained.

In May, the European Commission decided to send macro-financial assistance to Ukraine up to nine billion euros. The EC has officially offered a loan of one billion euros from this package, it has been approved by the European Parliament and the EU Council. The first tranche was sent to Ukraine on August 1.

To transfer these funds, the EC does not need additional guarantees, it can do this within the framework of the multi-annual financial plan of the EU, from which the annual budgets of the union are drawn up.

It is noted that the remaining amount of the assistance announced in May has not yet been officially announced by the European Commission.
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3. The European Union intends to put together a financing package for Ukraine worth around 8 billion euros ($8.15 billion) by September, a German government official said.

The package includes funds already pledged. It will be split between grants and loans, the official, who did not wish to be identified, told journalists on Thursday.

In May, the European Commission proposed up to 9 billion euros in loans to Ukraine during 2022 to keep the country running and set up a reconstruction package made up of grants and loans and modelled on the EU’s own recovery fund.

The Group of Seven’s financial leaders agreed later that month on $9.5 billion in new aid, mainly from the United States, with the European Commission contributing $1 billion in grants and Germany chipping in with a similar amount that Berlin has already paid.

The rest of the EU aid proposed in May would be presented in the September package, to which Germany will also contribute, the official said.

The envisaged funds should support the Ukrainian budget, while military, humanitarian and reconstruction aid would be financed from other sources, the official said.

Ukraine’s President Volodymyr Zelenskyy said on Wednesday its budget deficit was running at $5 billion a month.
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EU sends Ukraine 1 billion euros in financial aid. Zelensky asks for more money:
[https://rumble.com/v1eebs9-eu-sends-ukraine-1-billion-euros-in-financial-aid.-zelensky-asks-for-more-m.html?mref=10gobl&mc=d3odw]

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