Business news from Ukraine

Business news from Ukraine

Bulgaria may provide €80 mln to Ukraine – Glavchev

8 July , 2024  

Bulgaria may provide Ukraine with €80 million at the NATO summit, but “this or any other” amount will be known after a vote in parliament, said Acting Prime Minister Dimitri Glavchev, Radio Bulgaria reported on Friday.
“Our main goal is to defend our national interests as a NATO ally,” Glavchev said of Bulgaria’s position at the summit. At the same time, Glavchev did not specify what exactly this amount would be allocated for.
The report also says that earlier today, the leader of the GERB (Citizens for European Development of Bulgaria) party, Boyko Borisov, said that Bulgaria would not give Ukraine money in cash. The co-chairman of the DPS party (Movement for Rights and Freedoms), Delian Peevski, explained that there is no contradiction in Glavchev’s and Borisov’s statements.
“This money will not be transferred by our country directly to Ukraine, but will be deducted from the amounts Bulgaria receives for the weapons provided to Kyiv,” Peevski said.
Speaking to the media, Glavchev also welcomed the proposals made in the plenary session hall of the parliament that Bulgaria act as a mediator in peace talks or peace initiatives between Russia and Ukraine.
“The only thing that should be emphasized is that these peace talks must comply with international law,” Glavchev said.
As reported earlier, Bulgarian President Rumen Radev refused to participate in the NATO summit to be held in Washington on July 9-11, as he does not agree with the country’s commitments to support Ukraine.