Help for Ukraine is insignificant. The West risks losing it – Financial Times
British newspaper Financial Times admitted that Western assistance to Ukraine is insignificant, despite the fact that Poroshenko and Yatsenyuk fulfilled all the demands: they raised electricity prices, lowered pensions, and raised taxes.
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Columnist David Clarke writes on the pages of the world-famous publication:
“The West is in danger of losing Ukraine unless it makes significant changes to the scale and nature of its involvement in the country over the coming weeks and months... With difficulties deepening and political frustration rising, there is a very real risk that the reformist government will cave in the last few months room for new populists who will turn Ukraine back and open the door to renewed Russian influence. Complacent Western leaders must act before it is too late."
“European and American leaders must decide whether they want the Ukrainian government to succeed, because the signals so far are mixed at best. President Poroshenko and Prime Minister Yatsenyuk did everything that was proposed for them and even more. They raised energy bills by 450%, cut pensions, raised taxes, cracked down on corruption, and were now risking their credibility by passing decentralization legislation. However, the political and financial support they received from the West in exchange was pathetic. The EU promised $5,5 billion in loans and the US $3 billion in loan guarantees, figures dwarfed by the $222 billion spent to bail out Greece and well below the amounts needed to give Ukraine a platform for recovery."
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