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Christerson criticizes the French loan proposal – EU summit on aid to Ukraine

Christerson criticizes the French loan proposal – EU summit on aid to Ukraine

European Union leaders meet on Thursday and Friday in Brussels when the European Council meets.

During the days of meetings, the main points were partly about how to achieve faster and increased support for Ukraine, but also defense and security of member states.

– We believe that Ukraine is the single most important task that lies on the collective shoulders of Europe and the West at the moment, says Prime Minister Ulf Kristersson (M) before the meeting.

Funding support is an important issue

How to finance aid to Ukraine has become a big question. The European Union wants to use proceeds from frozen Russian assets to finance arms for Ukraine.

Kristersson wants to see the EU go further.

– And now we're taking a big step here today by confirming that this is how we do it. But it would have been better to take the assets. There are hundreds of billions of dollars in frozen Russian assets.

Christerson on EU loans: “Many other steps you have to take first”

France, with the support of several Eastern countries, launched a proposal to raise joint loans.

-There are several other steps you need to take first. But we live in a time where support for Ukraine is extremely important, so Sweden is clearly not going to start saying this is a red line.

But Sweden has supported Germany on the issue of joint borrowing, says SVTS's European correspondent, Ulrika Bergsten.

– The Netherlands was also against. They are usually called the EU's 'slightly frugal' countries, that is, 'slightly more frugal'. But the Baltic states, which in the past may have been more frugal, believe this is one of the more creative ways to fix money.

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Estonian Prime Minister Kaja Kallas is one of the leaders pushing hard for a syndicated loan.

-If it doesn't work, come up with something else! We need it now. We can't put it off until later, says Klass.

Finland has also become more positive about loans.

– Perhaps, in the absence of any other solution, there is a small opening in this matter, says Bergsten.