Helping Ukraine is 'self-preservation,' finance chief says
Ukraine's finance minister says crucial Western financial aid is “not charity” but “self-preservation" as donor countries share the price of turning back Russian aggression
FRANKFURT, Germany (AP) — Ukraine's finance minister says crucial Western financial support is “not charity” but “self-preservation” in the fight to defend democracy as his country deals with growing costs to repair electrical and heating infrastructure wrecked by Russian attacks.
Serhiy Marchenko also told The Associated Press in an interview Thursday from Kyiv that he believes European Union officials will sort out a dispute with Hungary that has blocked a key 18 billion-euro ($18.97 billion) aid package and would cover much of Ukraine's looming budget gap.
Marchenko said financial support for Ukraine is tiny compared to what developed countries spent to combat emergencies like the global financial crisis of 2008 and the COVID-19 pandemic. And that the money bolsters freedom and security far beyond his country’s struggle, he added.
“It's not charity to support Ukraine,” Marchenko said. “We are trying to protect freedom and democracy of all (the) civilized world."
