Estonia's finance minister explains why Europe must step up efforts to fund Ukraine
Estonia's Finance Minister Jürgen Ligi has urged European governments to do everything possible to fund Ukraine, despite budget pressures facing some countries. He has stressed that he still hopes the EU will ultimately use frozen Russian assets.
Source: Jürgen Ligi in an interview with Bloomberg on the sidelines of the CEE Forum conference in Vienna, as reported by European Pravda
Details: Ligi said there should be no financial constraints "if questions are existential for liberal democracy and human lives".
Quote: "The biggest challenge at the moment is the breaking down of unity of allies and I think we need to face that, including inside Europe."
More details: Ligi also said that Europe must continue financing Ukraine if the United States "cuts itself off from allies".
Background:
- Estonia has decided to channel an additional €2 million to Ukraine's Energy Support Fund to help restore Ukraine's energy infrastructure.
- On 27 October, Estonia and Ukraine signed a memorandum of understanding, in which Tallinn expressed readiness to host the Ukraine Recovery Conference in 2027.
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