Meeting informally in Prague on Friday 9 and Saturday 10 September, EU finance ministers will aim to approve the proposed €5 billion macrofinancial assistance for Ukraine that the European Commission put forward on Wednesday 7 September (see other news).
The objective of the Czech Presidency of the Council of the European Union is to overcome Hungary’s reluctance to provide public guarantees for this assistance, which would only be mobilised in the event of a Ukrainian default.
The...