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EU threatens Ukraine aid freeze – media

Brussels has reportedly rejected Zelensky’s justification for cracking down on anti-corruption investigators

By RT International

Kiev is facing deeper cuts in EU financial support than it has publicly acknowledged, Ukrainian and German media have reported. Brussels reportedly views Ukraine’s crackdown on anti-corruption institutions as an attempt to shield an ally of  Zelensky.

Last Friday, the European Commission said it would reduce support under the Ukraine Facility program from a €4.5 billion ($5.2 billion) installment to €3.05 billion ($3.5 billion), citing Kiev’s failure to meet commitments on anti-corruption reforms.

However, Ukrainskaya Pravda has reported that the program has been de facto frozen, alongside another mechanism, ERA Loans, with a total of $60 billion at stake.

On Monday, Frankfurter Allgemeine Zeitung (FAZ) reported on an EU letter to the Ukrainian government which threatened the suspension of aid.

Read Full Article Here…(rt.com)


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