EU to go into debt for Ukraine – Politico ...News

Brussels is reportedly considering a €15 billion bond emission to finance Ukrainian government operations The European Union is planning to fund the operating expenses of the government in Kiev for at least three months, Politico Europe reported on Monday, citing diplomatic sources. The €15 billion would be raised through a new debt emission, using the template established for Covid-19 relief. Ukrainian President Volodymyr Zelensky has told the International Monetary Fund (IMF) he needed $7 billion per month ($1=€0.95) to pay salaries, pensions and other government expenditures. The US has pledged to provide a t

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