BRUSSELS—The European Union has offered to give extra rescue loans to Ukraine, which is struggling with recession and a costly war, but only if it makes its promised economic and political reforms.
The EU says it can give another 1.8 billion euros ($2.12 billion) in loans — on top of the 11 billion euros already pledged — if Kiev respects the terms of its international bailout deal. In particular, it wants to see better progress in stamping out corruption.
“We need to see this commitment to reforms and some results on different issues,” said EU foreign affairs chief Federica Mogherini during a …read more
Source: The Epoch Times
