EU’s budget unable to provide €2 billion in aid to Ukraine — EC President

Business & Economy December 17, 2014, 14:18

Jean-Claude Juncker called on the members of the European Union to help with the settlement of the issue concerning the €2 billion assistance for Ukraine

STRASBOURG, December 17. /TASS/. The budget of the European Union is incapable of allocating €2 billionfor Ukraine upon an earlier request from еру Kiev authorities, Jean-Claude Juncker, the president of the European Commission, said on Wednesday.

He said the EU was capable of helping within the limits of its restricted budget and if the sum at the issue was allocated to Ukraine there would be not much left of EU’s budget to provide for different unforeseen issues in the course of the next two years.

Juncker called on the members of the European Union to help with the settlement of the issue concerning the €2 billion assistance for Ukraine as EU’s budget was incapable of covering such expense.

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