Sorry, The cost of bringing Ukraine into the EU would be on a par with the cost of German reunification - say somewhere above one half-trillion Euros. The problem, of course, is that no one is ready to spend anything remotely like that amount - even the $30bn number given here is fictitious - it is mostly an IMF program - and the IMF never gives - it only lends. Since IMF money is non-defaultable (unlike say Eurobonds or bilateral assistance), the current generations children's children will still be paying. And more to the point, it will not remotely solve the problem.
Western $30 Billion Aid Insufficient For Kiev: Ukrainian Foreign Minister <http://en.ria.ru/business/20141018/194260278/Western-30-Billion-Aid-Insufficient-For-Kiev-Ukrainian-Foreign.html> Ukraine's Foreign Minister Pavlo Klimkin © REUTERS/ Yves Herman 16:45 18/10/2014 Ukraine <http://en.ria.ru/tags/tag_Ukraine/> MOSCOW, October 18 (RIA Novosti) - Ukrainian Foreign Affairs Minister Pavlo Klimkin said Saturday that the country needs much more money than the $30 billion the Western countries <http://en.ria.ru/world/20141008/193826085/US-UK-to-Continue-Supporting-Ukraines-Leadership-British-Foreign.html> had promised Kiev, German media said. According to Klimkin, subsequent financial needs of the country can no longer be taken into account, as the rescue measures for macroeconomic stabilization planned in spring were "delayed." "That's why the promised $30 billion will not be enough," Klimkin told Wirtschaftswoche news magazine. According to the head of the Ukrainian diplomacy, the country should act, considering the fall of the country's GDP by 7 to 8 percent. "I think our additional financial needs will be more significant," Deutsche Welle quoted Klimkin. The Minister stressed that the goal of Ukraine for ten years is to become a member of the European Union, and Kiev has to use its chances and quickly adopt EU standards. "If we do our homework, then in 2020 we can apply to be accepted in a few years," he said. As a result of the ongoing political crisis in the country, Ukraine is currently on the verge of a default <http://en.ria.ru/analysis/20140926/193327331/Ukrainian-Surrency-on-the-Ropes.html> . Kiev authorities are trying to rescue the country’s economy with international loans <http://en.ria.ru/business/20141004/193664858/Canada-to-Give-Ukraine-976-Million-CAD-Towards-Legal-Aid-Project.html> , including a $17 billion loan from the International Monetary Fund. To receive the IMF financial support, Ukraine agreed to a severe austerity program that includes raising taxes and selling off state assets. --- This email is free from viruses and malware because avast! Antivirus protection is active. http://www.avast.com -- Ову поруку сте добили зато што сте пријављени на Google групу „SERBIAN NEWS NETWORK“. Да бисте отказали пријаву у ову групу и престали да примате имејлове од ње, пошаљите имејл на [email protected]. Да бисте постављали у овој групи, пошаљите е-поруку на [email protected]. Посетите ову групу на http://groups.google.com/group/senet. За више опција посетите https://groups.google.com/d/optout.
