EU Eastern Partnership Commissioner Johannes Hahn admitted on June 5 that the EU has no intentions to take responsibility for supporting the economy of Ukraine despite the ongoing conflict in the country.
“It is not acceptable to us to have a situation where we have to permanently finance a country,” Hahn said of Ukraine on Thursday.
The Ukrainian economy has suffered losses by as much as $5- $10 million per day as a result of the ongoing conflict. In March 2015, the IMF approved a $17.5 billion bailout package for Ukraine, and acknowledged the need for additional funds through 2018.
