From the legal point of view, certain modalities exist for the spending of these funds but they can be used for debt repayment, the spokeswoman said.
The European Commission has pledged 1.6 billion euros in financial aid to Ukraine this year, of which about 350 million euros have been paid out. The EU’s total financial assistance to Ukraine amounts to about 11 billion euros.
Experts from the European Union and Russia are holding a technical meeting on Monday on the issue of Ukraine’s association with the EU, Hansen said.
According to the EC spokeswoman, the talks are designed to assure the EU’s Russian partners that the agreement on Ukraine’s political and economic association with the EU will have no negative consequences for Russia.
During a telephone conversation between Russian President Vladimir Putin and European Commission President Jose Manual Barroso on Friday, the sides agreed to raise this expert exchange of opinions to the political level very soon, the EC spokeswoman said.
Russia will supply natural gas to Europe in full compliance with the requests of foreign buyers, Gazprom Export CEO Alexander Medvedev said at the world oil congress on Monday.Gazprom has filed a $4.5 billion lawsuit against Ukraine’s national oil and gas company Naftogaz to the Stockholm arbitration court over the company’s “persistent non-payments” for Russian natural gas and switched Ukraine to an advanced payment system, the Russian gas giant said in a statement on Monday.
Gazprom will now supply Ukraine with only prepaid gas volumes At the same time, Naftogaz is obliged to secure natural gas transit to third countries in full compliance with the terms of the effective gas contract of January 19, 2009 on the volumes and conditions for natural gas transit through Ukraine from 2009 to 2019.