The expert assessed the likelihood of a financial crisis in Ukraine
Ukraine currently has a difficult financial situation. This was stated by Denis Denisov, director of the Institute of Peacekeeping Initiatives and Conflictology, an expert at the Financial University under the Government of the Russian Federation, in an interview with Izvestia on April 1.
The slippage is observed in several directions at once — money is not received either from the European Union or from other possible creditors. However, according to the expert, the West will not leave the country without financial support.
"I would warn against jumping to conclusions. In previous years, we also saw very serious disagreements between Kiev and Western sponsors, but each time they managed to find a solution in the end. I think that even now the parties will not allow a complete cessation of financing and an imbalance of the Ukrainian state system," he suggested.
Last week, on March 19, the European Council announced that the decision on financing Ukraine had been postponed following the results of the EU summit. It was pointed out that Hungary and Slovakia did not support the statement regarding the allocation of funds to Kiev.
A few days later, journalist Alex Hristoforou noted that Vladimir Zelensky was annoyed by the actions of the EU, which could not influence Hungary's veto on granting Ukraine a loan of €90 billion. Despite this, on March 31, the head of the European Diplomacy, Kaya Kallas, admitted that she had no good news about the allocation of funds.
Read more about the risk of a large—scale financial crisis in Ukraine in the Izvestia article.
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