"EU's $54 Billion Ukraine Aid Deal: What's Next in the Ukraine War?"
EU leaders reached a unanimous agreement on a €50 billion financial aid package for Ukraine after overcoming a Hungarian veto threat. The deal includes provisions for annual reports and debates on implementing the money, but Hungary will not have annual vetoes over the aid until 2027. The agreement is seen as a victory for Hungary's Prime Minister Viktor Orbán, who claimed control mechanisms over the funds, while EU officials doubt Hungary will see any money meant for Budapest soon. The aid deal is a significant signal to the US, as President Joe Biden hailed the EU's approval and US Democrats announced a Senate vote on a border security package that would unlock vital aid for Ukraine.
- How the EU's Ukraine aid deal was sealed, and what comes next EURACTIV
- Ukraine war live updates: World Court rules in favor of Kyiv on genocide case; Zelenskyy says EU aid sends ‘clear signal’ to both Moscow and the U.S. CNBC
- Hungary's Viktor Orban reveals weakness as he folds before the European Union - The Washington Post The Washington Post
- Europe Steps Up on Ukraine Aid - WSJ The Wall Street Journal
- EU Agrees to $54 Billion Fund for Ukraine The New York Times
Reading Insights
0
10
6 min
vs 7 min read
91%
1,317 → 116 words
Want the full story? Read the original article
Read on EURACTIV