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European Commission will provide Ukraine with funds even if EU loan is delayed - Barrot

Jean-Noël Barrot, Minister of Foreign Affairs of France Photo: HERE NEWS.
Jean-Noël Barrot, Minister of Foreign Affairs of France Photo: HERE NEWS.

The European Commission is ready to use alternative mechanisms to ensure that Ukraine receives the necessary financing on time, even if the main EU loan is not unblocked by the end of April. This was stated by French Minister for Europe and Foreign Affairs Jean-Noël Barrot, Ukrinform reports.

The diplomat expressed confidence that the macro-financial assistance package of EUR 90 billion will be finally approved in the near future.

"I want this loan to be finally approved, and I am convinced that it will happen. The question is not whether it will happen, but when," the official stressed.

Jean-Noël Barrot also suggested that the process of allocating funds could accelerate depending on the results of the elections in Hungary and the position of Viktor Orbán. However, he assured that Brussels has an action plan for any case to prevent a financial vacuum for Kyiv.

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"I know that the European Commission will do everything necessary to ensure that, if the procedure is not completed by the end of April, Ukraine has access to the necessary funds," the French Foreign Minister concluded.

Thus, supporting Ukraine remains a priority, regardless of the duration of bureaucratic procedures within the European Union.

As Ukrainian News Agency earlier reported, at the summit in Brussels, the heads of EU states planned to force the Hungarian Prime Minister to lift his veto on a critically important loan. This financial assistance package was agreed in December last year, but Orbán blocked its implementation last month.

As we will recall, Orbán previously stated that he would not make any compromises with Ukraine and would end the Ukrainian blockade of the Druzhba oil pipeline by force.

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