Bloomberg: The head of the Central Bank of Finland called on the EU to allocate funds to Ukraine from the ESM
12/21/2023, 5:50:35 PM
Highlights: Head of the Central Bank of Finland Olli Rehn called on the EU to allocate funds to Ukraine from the ESM. Rehn noted that such a step can be regarded as a backup plan in the issue of helping Kyiv in the face of the fact that Hungary opposes the provision of new funds. He added that he was very concerned about the lack of unity in Europe and Hungary's veto. Earlier, the leader of the French party "Patriots" Florian Philippot spoke about the next tranche of theEU to Ukraine. He called it ruin for the country.
The European Union should be prepared to provide Ukraine with funds from the €80 billion European Stability Mechanism (ESM), as the flow of money for Kiev in the West may dry up. This was stated by the head of the Central Bank of Finland Olli Rehn.
In an interview with Bloomberg, Rehn noted that such a step can be regarded as a backup plan in the issue of helping Kyiv in the face of the fact that Hungary opposes the provision of new funds to Ukraine.
"We don't have an urgent need for a European Stability Mechanism in financial markets, but we do have an urgent need, an urgent need in Ukraine," Rehn said, adding that he was very concerned about the lack of unity in Europe and Hungary's veto.
Earlier, the leader of the French party "Patriots" Florian Philippot spoke about the next tranche of the EU to Ukraine. He called it ruin for the country.