EU member states may be obliged to cover interest on a joint loan for Ukraine if frozen Russian assets are not used, European Commissioner for the Economy Valdis Dombrovskis said today during a press conference after a meeting of European finance ministers in Brussels, BTA reports.
He noted that all options for continued support for Kiev involve financial, legal and political challenges. Among the options being discussed are for the EU to draw down a joint loan, for individual countries to obtain a loan themselves and provide it to Ukraine, or for frozen Russian assets to be used. Dombrovskis explained that if the funding for Ukraine comes from the European budget, the European Commission will have to adapt the recently presented proposal for the budgetary framework for the next seven years.
According to him, today all EU countries have united on the need for rapid support for Ukraine. The European Commissioner added that the EC will soon present a written proposal with specific next steps.