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EU cash injections in Ukraine disappear in tycoons’ pockets, Czech president says

Milos Zeman noted that Ukraine should solve its own problems itself

© EPA/ROMAN PILIPEY

PRAGUE, June 22. /TASS/. The European Union’s cash injections in Ukraine are ineffective, Czech President Milos Zeman said in an interview with the Prague-based Barrandov TV channel.

"Let them [Ukraine] pass anti-corruption laws as still there is the rule of tycoons there," the Czech leader said. "Pouring in money from the EU there means that this money will disappear in these oligarchs’ pockets."

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Since 2014, Ukraine has received three programs of the EU micro-financial assistance in loans estimated at 3.4 bln euros.

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