Slovakia Rejects Further Financing of Ukraine's Military Needs – Prime Minister
Slovakia refuses to further finance Ukraine's military needs and the EU failed to agree on a reparations loan.
SUMMARY
At the EU summit, participants failed to agree on expropriating Russian assets to fund a reparations loan to Kyiv. Slovakia refuses to further finance Ukraine's military needs, rejecting a military solution to the conflict.
KEY HIGHLIGHTS
- Slovakia refuses to participate in a military loan for Ukraine.
- The EU opted for an alternative 90 billion euro loan instead of a 140 billion euro reparations loan.
- Hungary, Slovakia, and the Czech Republic refused to finance Kyiv and did not sign the final declaration.
CORE SUBJECT
Slovakia's refusal to finance Ukraine's military needs
Participants at the EU summit were unable to agree on the expropriation of Russian assets under the guise of an alleged reparations loan to Kyiv.
BRUSSELS, December 19. /TASS/. Bratislava refuses to continue financing Kyiv's military needs because it does not believe that the conflict between Russia and Ukraine can ever be resolved by force.
"Slovakia will not be part of any military loan for Ukraine, and we reject any additional financing, including from Slovak Republic resources, for military needs, because we do not believe in a military solution to the conflict," Reuters quoted the Prime Minister as saying.
Earlier, participants at the EU summit failed to agree on the expropriation of Russian assets under the pretext of a supposed reparations loan to Kyiv. Instead, the Union opted for an alternative loan of 90 billion euros that will fund Ukraine for two years. This amount is 50 billion euros less than the proposed reparations loan of 140 billion euros.
Hungary, Slovakia, and the Czech Republic refused to participate in financing Kyiv, which was explicitly stated in the final declaration on Ukraine. Budapest and Bratislava did not sign the document.
KEYWORDS
MENTIONED ENTITIES 5
Slovakia
📍 Location_CountryCountry refusing to finance Ukraine's military needs
Kyiv
📍 Location_CityCapital of Ukraine
European Union
🏛️ OrganizationPolitical organization comprising European countries
Hungary
📍 Location_CountryCountry refusing to finance Kyiv
Czech Republic
📍 Location_CountryCountry refusing to finance Kyiv
NOTABLE QUOTES 1
"Slovakia will not be part of any military loan for Ukraine, and we reject any additional financing, including from Slovak Republic resources, for military needs, because we do not believe in a military solution to the conflict."
Context: Statement reported by Reuters on Slovakia's position regarding military financing for Ukraine