The euro-zone regulator concluded that the Ukraine loan proposal put forward by the European Commission violated its mandate
LONDON, December 2. /TASS/. The European Central Bank (ECB) has refused to provide a backstop for a €140 billion reparations loan to Ukraine underpinned by Russia’s immobilized assets, the Financial Times (FT) reported.
The euro-zone regulator concluded that the Ukraine loan proposal put forward by the European Commission violated its mandate, the British newspaper reported, citing officials.
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