EU Cash Injections in Ukraine Disappear in Tycoons’ Pockets, Czech President Says

Milos Zeman is one of very few European leaders

who speaks with openness and integrity

PRAGUE /TASS/. The European Union’s cash injections in Ukraine are ineffective, Czech President Milos Zeman said in an interview with the Prague-based Barrandov TV channel.

"Let them [Ukraine] pass anti-corruption laws as still there is the rule of tycoons there," the Czech leader said. "Pouring in money from the EU there means that this money will disappear in these oligarchs’ pockets."

Zeman noted that Ukraine should solve its own problems itself. "We should not impose our models and tell them how to rule a state in a right way. Let them carry out a constitutional reform and introduce decentralization."

On June 13, the European Parliament endorsed granting Ukraine a new package of macro-financial assistance to the tune of 1 bln euros. The European Council earlier said the funds will be allocated to support Ukraine’s economy and reform programs. It is expected that another loan of 1 bln euros will meet Ukraine’s demands in the coming two and a half years.

Since 2014, Ukraine has received three programs of the EU micro-financial assistance in loans estimated at 3.4 bln euros.

Czech President - Warrior for Truth - Wins Re-Election

Since this blog is devoted to a search for truth, it's time to celebrate when someone who also fights for truth is re-elected to a significant post on the world stage. Congratulations President Zeman!

UPI -- Current Czech Republic president Miloš Zeman on Saturday won another term, marking the first head of state to return to office in a public vote.

Zeman took 52 percent of the vote against Jiří Drahoš' 48 percent in the election, which included about 5 million votes amounting to about a 66 percent voter turnout.

Other than the industrial city of Ostrava, challenger Drahoš won in most of the main cities while incumbent Zeman drew support from smaller towns and the country.

Zeman's portrayal as being pro-Russian and pro-Chinese was a contrast to his challenger's pro-European Union and NATO positions, which led to the election outcome seen as which way the central European nation will lean - east or west.

In fact, it is possible Zeman is just not falling for the NATO super-hyping of the threat from Russia. NATO's purpose these days is to create as my hysteria as possible and present itself as the only solution to the crisis. I believe Zeman sees right through that and is not going to play that game. 

Neither is he going to play the game of accepting hordes of Muslims into the Czech Republic. Unlike liberal European leaders, he has sense enough to know the result will be cultural suicide. 

Zeman is known for his longstanding support for the US, Israel and the Jews, he was the only European president publicly to support then-candidate Donald Trump before the US presidential election.

During a speech on Saturday, Zeman told his supporters the victory would be his last "and no loss will follow it," referring to the country's constitutional two-term limit.

Drahos congratulated Zeman in a speech to his supporters, saying his ideals will live on and he is "thankful for the enormous wave of energy that has surged with this election."