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Aid to Ukraine: agreement by the 27 EU countries for financial support of 50 billion euros

2024-02-01T12:19:46.289Z

Highlights: Aid to Ukraine: agreement by the 27 EU countries for financial support of 50 billion euros. European aid intended for Ukraine (33 billion in loans and 17 billion in donations) is included in an extension to the EU budget until 2027. Support that Kiev desperately needs to keep its economy afloat, while an American aid package is blocked in Congress. “This is an important signal to Ukraine that the EU stands behind you in the long term, until victory,” responded Estonian Prime Minister Kaja Kallas.


An additional envelope is granted on Thursday to support Ukraine over four years within the framework of the EU budget until then blocked by Hungarian Prime Minister Viktor Orban.


The 27 EU countries reached an agreement on Thursday on aid of 50 billion euros over four years for Ukraine, until then blocked by Hungarian Prime Minister Viktor Orban, announced Thursday the President of the European Council Charles Michael.

"Unit.

All 27 leaders agreed on an additional envelope of 50 billion euros to support Ukraine within the framework of the EU budget.

This agreement guarantees stable, predictable and long-term financing for Ukraine

,” the official wrote on X (formerly Twitter), at the start of an extraordinary summit in Brussels.

To discover

  • Follow information on the war in Ukraine with the Figaro application

Commission President Ursula von der Leyen welcomed a

“good day for Europe”

and Kiev praised the

European Union’s

“contribution” to a

“common victory”

over Russia.

The compromise reached provides for the possibility of convening a summit of heads of state or government within two years to examine the implementation of this multiannual European budget.

European aid intended for Ukraine (33 billion in loans and 17 billion in donations) is included in an extension to the EU budget until 2027. Support that Kiev desperately needs to keep its economy afloat, while an American aid package is blocked in Congress.

“This is an important signal to Ukraine that the EU stands behind you in the long term, until victory

,” responded Estonian Prime Minister Kaja Kallas.

Evidence of “strong unity”

The Ukrainian Prime Minister welcomed on Thursday the release of 50 billion dollars in aid from the European Union to Ukraine, after the lifting of the Hungarian veto, Kiev seeing it as a

“contribution”

to a

“common victory”

on the Russia.

“EU member states are once again showing their solidarity and unity (...) to help the Ukrainian people resist the war”

with Moscow, declared Denys Chmygal on X (ex-Twitter).

“Each of your votes is a significant contribution to our common victory

,” he added.

The agreement of the Twenty-Seven on aid of 50 billion dollars to Ukraine

“once again proves the strong unity of the European Union”

, welcomed Ukrainian President Volodymyr Zelensky on Thursday.

“It is very important that the decision was taken by the 27 leaders, which proves once again the strong unity of the EU

,” he declared on X (ex-Twitter).

This aid

“will strengthen long-term economic and financial stability, which is no less important than military assistance”

to Kiev in the face of the Russian invasion, he added.

Source: lefigaro

All news articles on 2024-02-01

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