The European Commission rejected Kyiv's request for 220 million euros for agriculture

The European Commission rejected Kyiv's request to allocate 220 million euros for agricultural needs, Bloomberg writes, citing Minister of Agricultural Policy and Food Taras Vysotsky.

According to the agency, the Ukrainian side expected to receive funding in addition to the funds already provided, but Brussels refused. As a result, it was decided to raise money through a soft loan from the World Bank for $250 million.

“This will give us the opportunity to more or less hold out until the new year. But now we need to think about what will happen in the spring, since the situation remains critical,” Bloomberg quotes Vysotsky as saying.

An EC representative said that on Tuesday a meeting of the Ukrainian donor platform will be held in Brussels with the participation of the Ukrainian Minister of Finance, at which it is expected to discuss Kyiv's financing needs and ways to cover the budget deficit.