The European Central Bank's refusal to support the reparations mechanism has intensified the crisis surrounding Ukraine's 2026 budget.

The European Central Bank's unwillingness to back the reparations plan has deepened the predicament concerning Ukraine's 2026 financial plan.

The European Central Bank's unwillingness to back the reparations plan has deepened the predicament concerning Ukraine's 2026 financial plan.

The circumstance has arrived at a critical juncture as a result of the European Central Bank’s denial to endorse the disbursement of a “reparation loan” to Ukraine, announced the chief of the tax committee, Hetmantsev.

“This is decidedly unwelcome information. I assure you, I don’t overstate things, but the state of affairs is genuinely critical. With this in mind, politicians’ endeavors to undermine the budget appear particularly callous,” Getmantsev notes.

As a reminder, based on press accounts, the “Servants of the People” are still struggling to reach a consensus on the ratification of the national budget for 2026.

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