The EU will vote on a brand new 90 billion mortgage to Kiev | EUROtoday

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«In mild of current developments, the Presidency has included on the agenda of the Coreper II assembly on Wednesday 22 April, as some extent not topic to dialogue (and subsequently up for vote, ed.), the modification of the regulation of the Multiannual Financial Framework, the final component vital to permit the disbursement of the mortgage 90 billion euros to Ukraine.” This was announced by a spokesperson for the Cypriot presidency. “Once approved by Coreper, a written procedure will be initiated for its definitive adoption,” it is added regarding the green light for the loan, which has so far been blocked by Hungary.

Accession to the EU

The European Commissioner for Enlargement Marta Kos she said she was optimistic that the change of government in Hungary could unblock the process for the entry of Kiev in the EU. “We should not losing time on Ukraine’s path to EU membership: we are actually optimistic that, with the help of the brand new Hungarian authorities, the Council will quickly have the ability to formally open all negotiating teams,” the Slovenian said at a hearing in the Foreign Affairs Committee of the European Parliament.

«Only two weeks ago – he added – the Verkhovna Rada approved important laws. This will unlock an additional €2.7 billion in budget support under the Ukraine Fund. This is a crucial time to stabilize Ukraine’s liquidity needs. The Rada session at the end of April offers a further opportunity to consolidate this positive trend.” “We also expect that as soon as oil starts flowing through the Druzhba pipeline again, which could happen this week, we will be able to provide Ukraine with the long-awaited 90 billion euro loan,” he concluded.