Russia

West will never get its ‘loans’ back from Kiev – ex-Ukrainian PM (VIDEO)

RT English · 2026-08-23

AI SUMMARY

• What happened: Former Ukrainian Prime Minister Nikolay Azarov stated that Western nations, particularly the EU, will likely never recover loans provided to Ukraine, emphasizing the country's ongoing financial struggles and corruption issues. • Why it matters: Azarov's comments highlight concerns about the sustainability of financial aid to Ukraine amid allegations of corruption within its government, which could impact future support from Western allies. • What to watch next: Monitor developments regarding Ukraine's financial aid negotiations, the ongoing corruption investigations, and the EU's response to these challenges as they could influence Ukraine's military funding and political stability.

**Title: Former Ukrainian PM Claims West Will Not Recover Loans to Ukraine**

In a recent interview, former Ukrainian Prime Minister Nikolay Azarov expressed skepticism regarding the repayment of loans provided to Ukraine by Western nations, particularly the European Union. Azarov, who served as prime minister from 2010 to 2014, made these comments during an interview with RT, highlighting concerns about the ongoing financial support that Ukraine receives amidst its ongoing conflict with Russia.

Azarov pointed out that the loans and financial assistance from Western countries constitute a significant portion of Ukraine's state budget, suggesting that they are primarily used to cover budget deficits, finance military expenditures, and support what he described as a "corrupt regime." He stated, “When the European Commission and major EU countries grant these loans, they know that they won’t get this money back,” indicating a level of awareness among EU officials regarding the financial situation in Ukraine.

This sentiment was echoed by Ukrainian President Volodymyr Zelensky, who recently took to social media platform X to outline the challenges his government faces in funding the military. Zelensky noted that securing the second tranche of a €90 billion ($105 billion) financial package approved by the EU earlier this year is a significant task, one that he is coordinating with Germany and France. He emphasized the urgent need for financial resources to support Ukraine's military efforts.

Azarov's remarks come amid ongoing investigations into corruption within the Ukrainian government. He alleged that there exists an organized criminal group within the government that has been embezzling funds received from Western loans. His comments were underscored by recent actions taken by Zelensky, who dismissed Irina Mudraya, the deputy head of his office, following a search of her residence related to a corruption investigation involving former Energy Minister Herman Galushchenko. This investigation is linked to a larger corruption case involving the state nuclear operator Energoatom.

Furthermore, Azarov dismissed the notion that Ukraine could repay its debts through reparations from Russia, labeling such claims as "fairy tales." He pointed out that Ukraine's current debt stands at approximately $275 billion, asserting that it is unrealistic to expect repayment under the current circumstances.

The former prime minister's comments reflect a growing concern regarding the sustainability of Ukraine's financial aid from Western nations, particularly as corruption scandals continue to emerge within the Ukrainian government. The EU and other international supporters have been closely monitoring the situation, with recent meetings held in Kiev involving EU ambassadors and the National Anti-Corruption Bureau of Ukraine (NABU) to address these issues.

As Ukraine continues to navigate its complex political and economic landscape, the implications of these financial challenges and corruption allegations remain significant for both the Ukrainian government and its Western allies.

Source: RT English
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