01-02-2024, 09:45 PM
EU summit agrees 50 billion euro aid package for Ukraine
EU member states on Thursday agreed on an additional aid package totaling 50 billion euros ($54 billion) for Ukraine, European Council President Charles Michel said on social media.
"All 27 leaders agreed on an additional €50 billion support package for Ukraine within the EU budget," he said. "This locks in steadfast, long-term, predictable funding for #Ukraine. EU is taking leadership & responsibility in support for Ukraine; we know what is at stake."
EU leaders have been struggling to reach this consensus over support package, amid opposition from Hungarian Prime Minister Viktor Orban who vetoed the aid deal in December. Hungary wants to have an annual review that would allow it a right to veto the disbursements each year, Reuters.
EU member states on Thursday agreed on an additional aid package totaling 50 billion euros ($54 billion) for Ukraine, European Council President Charles Michel said on social media.
"All 27 leaders agreed on an additional €50 billion support package for Ukraine within the EU budget," he said. "This locks in steadfast, long-term, predictable funding for #Ukraine. EU is taking leadership & responsibility in support for Ukraine; we know what is at stake."
EU leaders have been struggling to reach this consensus over support package, amid opposition from Hungarian Prime Minister Viktor Orban who vetoed the aid deal in December. Hungary wants to have an annual review that would allow it a right to veto the disbursements each year, Reuters.