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US presses EU to speed up financial aid to Ukraine

IMF is separately working on new emergency funds for Kyiv

The US is pressing EU countries to speed up and increase financial support for Ukraine as the IMF explores new ways to send cash to Kyiv.

Senior officials in the Biden administration have voiced frustration at Brussels over the slow disbursement of European aid to Kyiv, said four officials speaking under the condition of anonymity. They have also requested Brussels set up a “regular mechanism” for financial support, they said.

Washington has been “in frequent contact” with the European Commission and EU member states about the need to “expeditiously deliver promised economic assistance to Ukraine”, one US official said, adding: “We reiterate our call for all of Ukraine’s partners to more quickly deliver promised assistance to Ukraine, to increase their commitments, and to prioritise assistance in the form of grants over loans.”

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