Ukraine's Permanent Representative to the EU, Vsevolod Chentsov, admits that the European Union may reconsider upward the amount of aid to Ukraine by 50 billion euros, which is envisaged for four years. Chentsov said this in an interview with European Pravda.
"I think Ukraine will get more than 50 billion. Because in the middle - that is, in two years - (there is) a possibility of revising this instrument. And I think it will be revised upwards," the ambassador said.
He explained that Ukraine's needs are much greater than the approved amount - "two orders of magnitude greater".
"But when we talk about our macro-financial stability, the investment component... technical assistance, which is related to the needs of preparation for membership, I think our needs will be clarified," the diplomat said.
Chentsov noted that in this context, it is important how the grant and loan parts of the aid will be filled and whether frozen Russian assets will be used.
"Will we be satisfied with setting this ceiling of 50 billion? Probably not. Because Russian assets are much more than 50 billion. And even if we're talking about revenues, well, for four years, as they calculated, it's 17 billion. Therefore, we expect that the member states will fill the grant part not only at the expense of these revenues from Russian assets," the diplomat said.
