You're reading: EC summit: Russia should contribute to stabilization of Ukraine’s economy by signing gas deal

It is important that the government of Ukraine improves the macro-economic balance and business climate, as well as eradicates corruption, reads a statement of the EU Heads of State or Government on Ukraine following the informal European Council.

“International partners, including the Russian Federation, should contribute to these stabilization efforts. It is important for the stabilization of Ukraine’s economy to reach an agreement on the conditions of the gas supply from the Russian Federation to Ukraine,” the European leaders stressed.

“We hope that the ongoing talks, facilitated by the European Union, will be concluded soon. We reiterate that the contracts regarding gas supplies from Russia to the European Union need to be respected,” reads the document.