As the newspaper writes, German Finance Minister Christian Lindner does not approve of the intention of the European Commission to finance Ukraine at the expense of the common European debt.

“Meanwhile, time is ticking, Kyiv says it needs $5 billion in bailouts per month, there is speculation that Ukraine will default on repayment of its external debt of €900 million in September,” the article says.

On July 7, Bloomberg, citing European officials, reported that the budget division of the European Commission was blocking a new loan of €1.5 billion to Ukraine due to concerns about the financial reliability of Kyiv.

MEP from France Thierry Mariani questioned Ukraine's ability to repay debts on loans issued to it by Western countries.

He argued his position in an appeal to the European Commission.

RT has read the document.