Brussels: The European Union said on Friday it is withholding 600 million euros in financial assistance to Ukraine because it has not made enough progress on a wide-ranging programme of reforms demanded by the bloc.
The EU has already paid out 1.2 billion euros in low-interest loans to Ukraine since 2015 to help it cope with a devastating economic crisis triggered by the annexation of Crimea by Russia and a Kremlin-backed …read more
Source: The Gulf Today
