The EU offered loans worth $810m!!! I would like to see a President of any country, under the cloud of bankruptcy like Ukraine was to agree to that offer.
"But then there are the financial incentives. In the end, the Russian president seems to have promised his Ukrainian counterpart several billion euros in the form of subsidies, debt forgiveness and duty-free imports. The EU, for its part, had offered Ukraine loans worth €610 million ($827 million), which it had increased at the last moment, along with the vague prospect of a €1 billion loan from the International Monetary Fund (IMF). Yanukovych chose Putin's billions instead."
How the EU Lost to Russia in Negotiations Over Ukraine Trade Deal - DER SPIEGEL
Russia Ukraine war, page-209673
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