the European Union agrees on aid of 50 billion euros to kyiv

Negotiations between the Twenty-Seven finally made it possible to find common ground, despite the reluctance of Hungarian Prime Minister Viktor Orban.

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Ukrainian soldiers fire a mortar during military exercises in the Zhytomyr region, January 30, 2024. (SERGEI SUPINSKY / AFP)

It’s official. During the extraordinary summit in Brussels, Thursday February 1, the 27 leaders of the member states of the European Union reached an agreement on aid of 50 billion euros to Ukraine. “We know what is at stake”, underlined the President of the European Council, Charles Michel, on his X account (ex-Twitter). The European leader welcomes the fact that the EU is taking “the initiative” financing “strong and long-term” of the Ukrainian war effort.

Until then, the Hungarian leader, Viktor Orban, alone among the Twenty-Seven to have maintained close ties with Moscow after the launch of the invasion of Ukraine almost two years ago, opposed this support essential financial for Kiev. Brussels accused him of blackmailing to obtain the release of European funds frozen due to breaches of the rule of law in his country.

kyiv welcomed the release of this new envelope and thanked the European Union for its “contribution” to one “common victory” against Russia. “EU countries are once again showing their solidarity and unity (…) to help the Ukrainian people resist”, reacted Denis Chmygal on X (ex-Twitter). This European aid (33 billion in loans and 17 billion in donations) will be included in an extension to the EU budget until 2027.


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