Bratislava earlier opted out of the €90 billion joint debt loan package for Ukraine approved by the bloc last month
Slovakia won’t participate in any EU loans for Ukraine, including the €90 billion ($106 billion) joint debt package approved by Brussels last month, Prime Minister Robert Fico has said.
Slovakia, Hungary, and the Czech Republic had earlier opted out of servicing the loan, citing financial risks. In a video address on Facebook on Sunday, Fico reiterated that his government would not take part in either the current package or any future ones.
“It is well known that I refused to support the €90 billion war loan for Ukraine. I have also taken legal steps to ensure that Slovakia does not participate in this loan,” he said. “Slovakia will not take part in any further announced loans for Ukraine.”
The loan, backed by joint EU borrowing, is structured on the assumption that it would be repaid if Kiev secures reparations from Russia, a prospect Moscow has dismissed as “unrealistic.” The loan was floated after plans to seize Russia’s frozen sovereign assets to fund Kiev failed following a months-long standoff between Brussels and Hungary’s outgoing Prime Minister Viktor Orban.
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