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Greece calls for international conference to settle Ukraine’s economic issues

February 25, 2014, 0:49 UTC+3 ATHENS
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ATHENS, February 24. /ITAR-TASS/. Greece, the country currently presiding over the Council of the European Union, has proposed holding an international conference devoted to addressing Ukraine’s economic issues in order to help it avoid a default.

Greek Deputy Prime Minister and Foreign Minister Evangelos Venizelos announced in a statement, made after a meeting of the foreign ministers of the Visegrad Group (V4) uniting four Central European States - Czech Republic, Hungary, Poland and Slovakia: “A priority (of the Greek presidency) - and this is my own proposal, which is being worked out by the European institutions now, and I am talking unofficially - is the organisation of an international conference on Ukraine’s economic and financial problem, aimed to avoid any possibility of uncontrolled bankruptcy.”

“Bankruptcy in the case of Ukraine would mean significant degradation (of the situation) in the country,” Venizelos said. “It is utterly important and vitally necessary to preserve not only unity at the national and regional levels but also Ukrainian statehood itself.

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