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EU set to help Ukraine pay gas bills - Oettinger
April 11, 2014 / 10:30 AM / in 4 years

EU set to help Ukraine pay gas bills - Oettinger

VIENNA, April 11 (Reuters) - European Energy Commissioner Guenther Oettinger is working on a plan to help Ukraine pay its gas bills to Russia, he told Austria’s ORF radio on Friday, saying there was “no reason to panic” about Russian gas supplies to Europe.

“We are in close contact with Ukraine and its gas company to ensure that Ukraine remains able to pay and the debts that the gas company has to Gazprom do not rise further,” he said, adding he would meet Ukraine’s energy and foreign ministers on Monday.

“I am preparing a solution that is part of the aid package that the IMF, the European Union and the World Bank is giving to Ukraine and from which payment for open bills will be possible.” (Reporting by Michael Shields; Editing by Alison Williams)

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