EconomyEU's Juncker proposes €1.8bn Ukraine aid package

January 8, 2015 1:29 PM

10 0

Jean-Claude Juncker, president of the European Commission, has proposed a third EU bailout programme for Ukraine, urging approval of another €1.8bn in aid to the cash-strapped country.

Peter Spiegel in Riga reports that the new aid must still be approved by the EU's 28 member states, where willingness to loan Kiev additional funds has cooled over concerns the Ukrainian government has not lived up to its economic reform commitments.

Also read: Chinese Premier Li Keqiang appointed to second 5-year term

Read more

To category page