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Yikes.
RT:
The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.
Back in March, the European Commission proposed a €9 billion ($9 billion) loan to Ukraine that would be backed by the guarantees of EU members’ governments. However, so far the bloc has managed to agree only on a first tranche worth €1 billion, which was unveiled on Tuesday.
According to Bloomberg, the hang up is because Germany tried to convince the EU to provide non-refundable grants through the International Monetary Fund rather than loans to Kiev.
A German official was quoted as saying that Berlin does not want to bear the brunt of guaranteeing Ukrainian loans and has asked other members to chip in more.
Separately, a €1.5 billion loan by the European Investment Bank was said to have been blocked within the EU because more guarantees are needed to secure the sum.
This is after the UN publishing that the Ukraine is using human shields.
It feels like Europe is trying to push back against Washington a bit. As far as I can tell, these Biden people are telling the truth when they say they’re all in on Zelensky, and will fight to the last Ukrainian, no matter how much it costs, because if they lose this war to Russia, they will no longer be viewed as the world superpower.
However, there are even people in Washington saying to give Russia 30% of Ukraine then claim a victory because he didn’t take it all. Mark Miley has said this – weeks ago, before Biden’s latest escalations.
