(L to R) Belarussian Foreign Minister Sergei Martynov, Swedish Foreign Minister Carl Bildt and European Commissioner for External Relations and European Neighbourhood Policy Benita Ferrero-Waldner attend a press conference after the EU Troika meeting with Belarus in Brussels, capital of Belgium, on July 28, 2009.
The European Union (EU) is considering macroeconomic and financial support for Belarus if the latter meets certain conditions, said an EU official on July 28.
"We stand ready to support and re-engage with Belarus if indeed Belarus shows to be very serious in pursuing the moves toward democracy and fundamental freedoms," said Benita Ferrero-Waldner, EU commissioner for external relations and European neighborhood policy.
"We are currently therefore considering macrofinancial assistance and the possibility for Belarus to receive EIB (European Investment Bank) and EBRD (European Bank for Reconstruction and Development) loans in the future," she told reporters after a meeting between EU officials and Belarusian Foreign Minister Sergei Martynov.
However, she said it is too early to say how much money Belarus might receive as Minsk has to meet certain conditions. "The conditionality is, so to say, the IMF (International Monetary Fund)conditions."
