The rising popularity of U.S. presidential candidate Kamala Harris has thrown an unexpected diplomatic wrench into efforts by Europe and Washington to give Ukraine a $50 billion loan.
Before President Joe Biden pulled out of the race for the White House, the prospect of a Donald Trump presidency had spurred diplomats on both sides of the Atlantic to set aside differences in order to finalize the loan by the end of the year.
But the prospect of a Harris victory has removed some of the urgency from that drive. While officials feared Trump would unravel the loan agreement and slash aid to the war-torn country, they believe the Democratic candidate is unlikely to do any such thing, and that she actually has a chance of winning the presidency.
As a result, a split between the EU and the U.S. over the finer points of the loan ― which would be repaid using the profits from investing frozen Russian assets ― is becoming entrenched, two EU officials with knowledge of the proceedings told POLITICO.
Posted by John3262005
3 Comments
Malarkey level of the E.U.
Alternative explanation is that Euros went on holiday in July-August and decided to push the blame
“daddy USA will take care of scary situation!!!!” – europoor politicians lacking a spine like always