Economic relations between the United States and Europe are strained during the war in Ukraine

Facts –

US Treasury Secretary Janet Yellen said she was “disappointed” with her European counterparts on Friday that the Commission did not join the group of creditors who agreed to suspend repayment of Ukrainian debt for two years. “Ukraine, as you know, is facing a huge financial gap and needs our full support,” she told EU finance ministers and commissioners.

The economic crisis in the background of the war in Ukraine begins to bring to light the disputes between American and European allies. The latest hiccup occurred at the end of last week, at the autumn meeting of the International Monetary Fund (IMF), following the EU’s refusal to commit to suspend payment of the Ukrainian debt, under the pretext that this decision required the consent of the 27 member countries. “Honestly, I am very disappointed that the European Commission has not joined the group of creditors who have offered Ukraine a delay as Ukraine faces a huge funding problem,” Janet Yellen said on Friday.

A few days earlier, the same US Treasury Secretary had called the Europeans to keep their commitments and do even more. “I’ll be clear: international support for Ukraine is a collective effort,” he said. kyiv estimates it needs $ 5 billion …