(FILES) Picture taken on January 30, 2014 shows Polish Prime Minister Donald Tusk looking on during a press conference at the EU Headquarters in Brussels. AFP PHOTO / GEORGES GOBET
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Europe is discussing a range of options for short- and longer-term financial assistance to Ukraine, but any comprehensive package is only likely to take shape after elections in May and in coordination with the International Monetary Fund.Smaller bilateral loans, possibly coordinated via the EU, could be used to provide short-term assistance, officials said.Three months ago, the EU was hoping to sign Ukraine up to a far-reaching free trade and association agreement that would have brought the country of 46 million more closely into the EU's political and economic sphere of influence.The EU now finds itself in a delicate balancing act. It had thought that it had lost Ukraine to Russia and was beginning to consider its longer-term options for engaging with the country, which borders four EU member states.EU and U.S. officials have said they intend to coordinate any long-term aid for Ukraine via the IMF, which has been in discussion with Kiev on assistance for years.At the same time, the EU needs to keep Russia on side.
FOLLOW THIS ARTICLE