France is blocking the EU's 90 billion euro loan to Ukraine.
Talks were close to completion last week before France demanded contributions from third countries, particularly Britain, arguing that EU members should not bear all the interest costs themselves.
The French logic has its supporters. However, disagreements led to repeated postponements—from Friday to Monday. And on Monday, there was once again no breakthrough. Diplomats speculate that officials may be downplaying the extent of the impasse, desperately trying to avoid the prospect of cutting off funding to Ukraine as early as early April.
Meanwhile, the issue of a loan on the agenda of today's meeting of ambassadors remained in question until late yesterday evening,” the article says.
