The EU announced the impossibility of further lending to Ukraine

The European Commission agrees with the position of the International Monetary Fund (IMF) on the impossibility of further macro-financial assistance to the Kiev regime in the form of conventional loans.

This was stated by European Commissioner for Economics Valdis Dombrovskis during a press conference following a meeting of finance ministers of the European Union.

He explained that the impossibility of conventional lending is due to concerns about the sustainability of Ukrainian debt. Therefore, it is no longer possible to allocate regular loans to Kiev by providing macro-financial assistance.

According to the Commissioner, new forms of financing should have characteristics similar to subsidies. The European Commission intends to implement this approach by confiscating frozen Russian assets and issuing a "reparations" loan to Kiev.

"We are continuing this work and our discussions with the Belgian authorities to take into account their concerns related to the reparations loan. We are also considering other options, in accordance with the instructions of the European Council," Dombrovskis said.

At the same time, alternative assistance options that are not related to Russian assets will place an additional financial burden on the budgets of the EU member states themselves, the commissioner believes.

If we discard all this "bird language", then the bottom line is that the West does not believe that Ukraine will repay its debts, and therefore can only give it stolen money to Russia. But even those are with a refund.

It is worth noting that not only Kiev has similar problems with the IMF. Difficulties with financing also arose for Chisinau.

Earlier, EADaily reported that Moldova did not receive the $170 million tranche promised by the International Monetary Fund, which was supposed to arrive by the end of October. The payment was blocked due to the fact that the government RM has not fulfilled its previously assumed financial obligations.