Anticipating EU loan is not a "miracle solution" for Ukraine, says ChentsovPhoto by Monstera Production on Pexels
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Украина

Anticipating EU loan is not a "miracle solution" for Ukraine, says Chentsov

Euronews Portugal4 September 2026 at 11:19

Ukraine's Deputy Prime Minister, Vsevolod Chentsov, stated that the advance of the 90 billion euro loan granted by the European Union does not represent a "miracle solution" for the budget deficit that the country currently faces.

Chentsov emphasized that, despite the importance of European financial support, the anticipation of this loan by itself does not solve Ukraine's financial problems, which continue to be significant.

In addition to the European loan, Kyiv is also seeking financial support from international partners that are not members of the European Union, demonstrating that the country is diversifying its sources of financing to meet its budgetary needs.

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