WorldIn the UK, they predicted the fate of the...

In the UK, they predicted the fate of the EU in case of Ukraine’s acceptance.

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Flag of Ukraine and symbols of the European Union next to the European Parliament building in Strasbourg. archive photo

The Telegraph: EU won’t accept Ukraine over threat of bankruptcy

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MOSCOW, February 4 – RIA Novosti. The editor of a British newspaper said that the main reason the EU did not rush to accept Ukraine was the threat of bankruptcy. Telegram James Crisp.

“The EU cannot hasten the process of Kiev’s entry into the bloc for fear of bankrupting itself. Once Ukraine becomes an EU member, Brussels will have to provide it with hundreds of billions of euros in funding and aid. A long and painful revision of the rules,” he said.

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According to Crisp, funding is not the only, but the most serious factor, as the post-Soviet republic’s membership in the EU can be doubtful for a long time. The author admitted that it is no longer possible to hide in the West how difficult, lengthy and costly the eventual admission of Ukraine to the European Union can be.

He explained that in case of EU accession, the republic would be the fifth largest in the union, but the poorest. Due to the large area suitable for cultivation, it will qualify for large Common Agricultural Policy payments and will also be able to claim money from EU cohesion funds designed to improve living standards across the bloc.

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At the same time, Kyiv will receive much more from the EU than it pays, which could anger many other states, such as Portugal and the Czech Republic, which will become “net payers” as the bloc expands. EU

Crisp added that any concession from Brussels to Kiev would lead to misunderstandings among other countries that have claimed to join the EU for years.

“The acceleration of Ukraine’s accession process will have further implications for EU enlargement policy. At least six countries in the Western Balkans are ahead of Kiev in the accession queue. Georgia and Moldova followed Ukraine in the membership request. “The treatment will be embraced by the two new candidates and will offend people like Albania,” he said.

At the end of February last year, Vladimir Zelensky signed an application for Ukraine’s accession to the European Union, and in June he was granted candidate status for entry into and Moldova. However, both countries still need to fulfill many conditions and carry out large-scale reforms.

Obtaining candidate status is only the beginning of a long journey to join the EU. Turkey in 1999, North Macedonia in 2005, Montenegro in 2010 and Serbia in 2012 became candidates. The European Union last enlarged in 2013, when Croatia was admitted to the EU. The entry process took ten years.

Source: Ria

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Harold
Harold
I'm Harold O'Connor and I work as an author and editor for News Unrolled, a news website dedicated to delivering the latest world events. With my in-depth research skills, passion for news writing, and keen eye for detail, I strive to provide readers with accurate information on current affairs from around the globe.

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