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European Commission, IMF to consider allocating additional €2 billion loan to Ukraine

October 21, 2014, 16:56 UTC+3
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BRUSSELS, October 21. /TASS/. The European Commission (EC) and the International Monetary Fund (IMF) will consider the issue of allocating an additional €2 billion loan to Ukraine, an EC spokesman Simon O’Connor told a TASS correspondent.

A corresponding proposal will be submitted to the European Parliament and the EU Council, following the results of consultations with the IMF, the spokesman said.

The initiative to give Ukraine financial assistance to repay its gas debt to Russia and ensure uninterrupted natural gas supplies to Europe in the autumn and winter period was put forward by Poland.

Czech Foreign Minister Lubomir Zaoralek said in turn that the EU could consider giving Ukraine additional aid, including funds to repay Ukraine’s gas debt to Russia but only provided that Kiev gives explicit guarantees of the implementation of reforms, the fight against corruption and the fulfillment of all of the EU’s other conditions.

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