EU ready to help Ukraine financially after new govt is formed there - Ambassador Usackas

February 25, 2014 Interfax, Interfax
The European Union has not ruled out its contribution to financial and economic assistance that may be extended to Ukraine after a new government is formed in the country, saying that it relies on cooperation with Russia on this issue.

The European Union has not ruled out its contribution to financial and economic assistance that may be extended to Ukraine after a new government is formed in the country, saying that it relies on cooperation with Russia on this issue.

Consultations on this matter are currently under way in different capitals of the European Union, the head of the EU Delegation to Russia, Ambassador Vygaudas Usackas, told reporters in Moscow.

The EU will be ready to grant financial assistance to Ukraine as soon as a new government appears in the country and as soon as this government formulates a viable program needed to stabilize Ukraine\'s economy and market, he said.

The EU will be prepared to do so using the financial instruments with which it has been working, including the International Monetary Fund, Usackas said.

Hopefully, the EU and Russia would be able to work together on this issue, he added.

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