The EC refused to provide Ukraine with €220 million to support farmers

The European Commission rejected Ukraine’s request to allocate €220 million to support farmers. This was reported by Bloomberg Minister of agrarian policy and food Taras Vysotsky.

According to Mr. Vysotsky, Ukraine has asked the EU for targeted support for the agricultural sector, in addition to the financial assistance that the bloc already provides. He said that the necessary funds will still come at the expense of a preferential loan from the World Bank for $ 250 million. This assistance will allow "to hold out until the new year," he added. However, it is already necessary to plan actions for the spring, as "the situation remains critical," the minister said.

Taras Vysotsky also said that last month Kiev asked Brussels to increase quotas for bioethanol and sugar for 2027. As for grain exports, if the issue is not resolved in the coming months, he said, there could be a "critical situation.".