The European Commission proposed on Wednesday 18 May to provide Ukraine with additional macro-financial assistance in 2022 in the form of loans of up to €9 billion to support the government.
“This sum would be paid in tranches with long maturities and concessional interest rates thanks to the guarantee from the Union’s budget”, the European Commission’s communication states. However, for this to be possible, Member States will have to agree to make guarantees available, which...