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Lithuania Proposes Huge Ukraine Recovery Package

EU officials could consider the initiative at Eastern Partnership summit.

9 November 2017

A Lithuanian-backed “Marshall Plan” for Ukraine could have a positive hearing at the EU’s upcoming Eastern Partnership gathering, former Lithuanian Prime Minister Andrius Kubilius (pictured) says.

 

Vilnius is proposing a 50 billion euro ($58 billion), 10 year initiative to develop Ukraine’s small and medium-sized business sector, Kubilius told a Polish-language Lithuanian radio station, Radio Poland reports.

 

In a recent speech to parliament, Lithuanian Foreign Minister Linas Linkevicius said the plan foresees spending $5 billion per year from 2018 to 2020 and lesser amounts for the following eight years to help Ukraine rebuild after years of civil conflict, Stratfor cites the Kyiv Post as reporting on 6 November.

 

Ukrainian President Petro Poroshenko discussed the plan in September with the speaker of the Lithuanian parliament, Viktoras Pranckietis, according to Ukrinform. Poroshenko’s press office said the initiative “envisages the provision of strong financial and investment support and assistance in conducting reforms.”

 

The Eastern Partnership is the EU’s vehicle for assistance and cooperation programs with countries on the eastern fringes of the bloc. In addition to Ukraine, the other members are Belarus, Moldova, Georgia, Armenia, and Azerbaijan. The group’s fifth summit will be held 24 November in Brussels.

 

 

  • A rift in the Ukrainian governing coalition might lie behind a lawmaker’s proposal to cut diplomatic relations with Russia, The Independent writes, saying the government is negotiating to stop such an amendment from being included when a bill on the separatist Donbas region has its second reading on 16 November.

 

  • Several Verkhovna Rada members told the London paper the idea could be the result of a dispute between Poroshenko and Interior Minister Arsen Avakov of the coalition partner People’s Front.

 

  • Avakov’s son, Oleksandr, was arrested by the Anticorruption Bureau (NABU) on 31 October and detained for a day on embezzlement charges. Oleksandr said the charges were politically motivated, and the Interior Ministry said NABU’s actions were “grounded in politics rather than the law” and accused it of waging “hybrid war” on reform-minded politicians and officials, RFE/RL reported.

Compiled by Ky Krauthamer

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