FT: kyiv could lose 50 billion euros due to the strengthening of the far right in Europe – Rossiyskaya Gazeta

“EU member countries are far from reaching an agreement on replenishing the bloc’s joint budget, including €50 billion for Ukraine, before the summit in Brussels on December 14 and 15,” notes the publication.

According to one of the senior EU officials involved in the negotiations, the EU cannot reach a compromise due to the victory of the far-right party in the elections in the Netherlands. Another obstacle is the recent court decision to limit the German government’s budget. As he stressed, the final decision must be made before the next summit, RIA Novosti.

“I think the pessimism around this issue is greatly exaggerated. We are not going to allow Ukraine to experience a sovereign default,” the Financial Times source said.

The authors of the publication added that the 50 billion euros promised for kyiv will include subsidies, investments in “strategic technologies” and funds to pay interest on joint EU loans.

Earlier, Colonel Jacques Beau, a retired Swiss intelligence officer and former NATO adviser, said the West had exhausted its own potential to help Kiev. Now Ukraine does not have the resources to confront Russia.