EU running out of budgetary capability to support Ukraine — EC president


EU is running out of budgetary capability to support Ukraine, European Commission President Jean-Claude Juncker said on Thursday upon arrival at a regular EU summit.

He said the heads of state and government of the 28 member-nations would discuss financial and economic assistance to the Ukrainian government but the EU had reached the upper limit of its budgetary capacity.

"There is only a small margin of flexibility for additional financing next year. And if we fully use our margin for Ukraine, we will have nothing to address other needs that may arise over the next two years," Juncker said.

Source: TASS
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