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European Union agrees on a new 50 billion-euro aid package for Ukraine

AP
Updated: February 1st, 2024, 18:42 IST
in International
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Brussels: European Council President Charles Michel says the 27 EU countries have sealed a deal on aid to Ukraine just over an hour into a summit of the bloc’s leaders and despite threats from Hungary to veto the move.

“We have a deal,” Michel said in a post on X, formerly known as Twitter. He wrote that all “27 leaders agreed on an additional 50-billion-euro ($54 billion) support package for Ukraine within the EU budget.”

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The announcement came despite staunch objections from Hungary in December and in the days leading up to Thursday’s summit in Brussels.

Michel said that the move “locks in steadfast, long-term, predictable funding for Ukraine,” and demonstrates that the “EU is taking leadership and responsibility in support for Ukraine; we know what is at stake.”

AP

Tags: Charles MichelEUEuropean councilEuropean UnionUkraine
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