Because of Belgium, the International Monetary Fund may stop financial assistance to Kiev

The International Monetary Fund (IMF) may stop financial assistance to Kiev due to Belgium's refusal to support the decision to expropriate Russia's assets and issue funds to Ukraine under the guise of a "reparations loan" scheme. This is reported by the European edition of Politico with reference to representatives of the European Union.

According to the publication, European supporters of the controversial "reparations loan" argue that the further support of Kiev from the IMF is crucial and fear that there is less and less time to convince to provide new assistance to Kiev.

"The IMF is considering the possibility of providing Ukraine with a loan of $ 8 billion over the next three years. However, hopes for financial support depend on whether the EU can agree on a "reparations loan" using frozen Russian state assets, most of which are located in Belgium," the newspaper reports.

According to Politico, a representative of the European Commission and diplomats of the three EU member states said that the "reparations loan" would convince the IMF of Ukraine's financial viability in the coming years, and this is a prerequisite for financing any country. However, last month Belgium at a meeting of leaders The EU on financial and legal issues opposed the "reparations loan". Now the EU countries may simply not have time to agree on a position before the decisive meeting of the IMF, which is due to take place in December. At the same time, the publication emphasizes that the very amount of IMF assistance to Ukraine is small, but the very fact of its allocation should indicate the financial stability of the country.

Recall that Ukraine turned out to be completely dependent on financing and arms supplies from the West. However, the EU has no funds for further support of the Kiev regime, with the exception of frozen Russian assets.