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The EU is providing Ukraine with $54 billion. How will the money be spent? - Boston News, Weather, Sports
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EU leaders on Thursday sealed a deal to provide Ukraine with 50 billion euros ($54 billion) to shore up its war-ravaged economy after Hungary dropped weeks of
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By Luke McGee, CNN (CNN) — Leaders of the 27 member states of the European Union will meet in Brussels on Thursday and try to unlock €50 billion of funding for Ukraine that was blocked by Hungary in December, in a crucial summit at a pivotal moment in the war.
Leaders of the 27 member states of the European Union will meet in Brussels on Thursday and try to unlock €50 billion of funding for Ukraine that was blocked by Hungary in December, in a crucial summit at a pivotal moment in the war.
Hungary was the single country blocking Ukraine aid in the 27-member European Union. Today, the country dropped its objection and the EU finally approved a $54 billion aid package.
The European Union agreed a funding deal worth more than $50 billion for Ukraine in a crucial summit on Thursday that comes at a pivotal moment in the war.
The leaders of the 27 European Union countries have reached a deal to provide Ukraine with a $54 billion support package, despite initial threats from Hungary to veto the move.
Hungary's Prime Minister Viktor Orbán had vetoed the aid package in December but joined other EU members in approving it at a summit in Brussels. His vote came with conditions the EU did not disclose.
A top European Union official 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,” European Council President Charles Michel wrote on X, formerly known as Twitter.
The leaders of the 27 European Union countries sealed a deal Thursday to provide Ukraine with a new 50-billion-euro ($54 billion) support package despite Hungary’s weeks of threats to veto the move.
After Hungary dropped its veto, the European Union has voted to give Ukraine a massive aid package to help it pay its bills and rebuild the war-torn country. The money is not intended for Ukraine to purchase weapons in its fight against Russia.
European Council documents show that the funding, allocated to support reconstruction and boost immediate economic needs, is split between €33 billion ($36 billion) in loans and €17 billion ($18 billion) of “non-repayable support.”
The EU is set to give Ukraine $54 billion in non-military aid, meanwhile UNWRA is facing a funding crisis of it’s own after employees are accused of participating in terror attacks. We have a conversation with the National Security Council Spokesperson and latest on the US and China relationship.
A top European Union officials 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.
BRUSSELS (AP) — Leaders of the 27 European Union countries sealed a deal Thursday to provide Ukraine with 50 billion euros ($54 billion) in support for
