Disinfo: Ukraine surrenders its sovereignty to get loans from the EU

Summary

The Verkhovna Rada voted to surrender part of Ukraine’s sovereignty. Ukraine will receive expensive loans of 600 million euros from the European Union, because of which the Verkhovna Rada even voted to surrender part of our sovereignty. Poland and the EU will demand something else (from Ukraine).

Disproof

Recurring pro-Kremlin disinformation narrative about abandoned Ukraine and loss of sovereignty

On 23 July, the EU officially approved an agreement on macro-financial assistance - a loan in the amount of 1.2 billion euros. Brussels agreed to transfer half of the funds at once, but in order to receive the next 600 million, Ukraine must carry out a number of reforms. In this regard, the Verkhovna Rada of Ukraine on 25 August adopted a law on the ratification of the Memorandum of Understanding between Ukraine and the European Union and the Credit Agreement between Ukraine and the EU. There is no mention of Ukraine's “surrender of sovereignty” to the European Union in any bilateral document.

Ukraine has been using the EU macro-financial assistance programme since 2014, the money is used to support reforms in the country. This tranche for Ukraine will be the fifth in a row.

In the Memorandum of Understanding, Ukraine and the EU have agreed on the policy actions to which Ukraine commits in order to receive the assistance. Specifically, the MoU includes eight policy conditions related to strengthening public finance management, governance and rule of law, competition in the gas market improving the business climate and governance of state-owned enterprises. The assistance programme will be available for a period of 12 months. 

Read similar case claims that the EU provides practically no assistance to Ukraine.

publication/media

  • Reported in: Issue 209
  • DATE OF PUBLICATION: 27/08/2020
  • Language/target audience: Russian
  • Country: EU, Ukraine
  • Keywords: EU budget, economy, Sovereignty, Economic difficulties, Europe

Disclaimer

Cases in the EUvsDisinfo database focus on messages in the international information space that are identified as providing a partial, distorted, or false depiction of reality and spread key pro-Kremlin messages. This does not necessarily imply, however, that a given outlet is linked to the Kremlin or editorially pro-Kremlin, or that it has intentionally sought to disinform. EUvsDisinfo publications do not represent an official EU position, as the information and opinions expressed are based on media reporting and analysis of the East Stratcom Task Force.

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Disproof

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