The Toxic Finance Behind Europe’s Plans for Ukraine

The Toxic Finance Behind Europe’s Plans for Ukraine EU foreign policy chief Kaja Kallas has revived plans to draw on frozen Russian assets to make loans to Ukraine. Yanis Varoufakis writes for Jacobin that the idea is unworkable and incompatible with efforts to move toward a ceasefire. When the euro crisis hit in early 2010, with Greece the first domino to fall, all it took to surmise that Europe had no intention of resolving the euro crisis was one good look at the toxic finance the EU concocted in response. Today one good look at the toxic finance the EU is deploying to fund Ukraine offers s

The Toxic Finance Behind Europe’s Plans for Ukraine EU foreign policy chief Kaja Kallas has revived plans to draw on frozen Russian assets to make loans to Ukraine. Yanis Varoufakis writes for Jacobin that the idea is unworkable and incompatible with efforts to move toward a ceasefire. When the euro crisis hit in early 2010, with Greece the first domino to fall, all it took to surmise that Europe had no intention of resolving the euro crisis was one good look at the toxic finance the EU concocted in response. Today one good look at the toxic finance the EU is deploying to fund Ukraine offers s