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Orban did not pass: EU leaders approved 50 billion euros in aid to Ukraine

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European Union leaders on Thursday, February 1, reached an agreement on the allocation of macro-financial assistance to Ukraine in the amount of 50 billion euros, despite long-term opposition from Hungary.

This was announced President of the European Council Charles Michel, reports “European Truth”.

This guarantees permanent, long-term and prospective funding for Ukraine. The EU expresses leadership and responsibility in supporting Ukraine. We know what’s at stake.” – he emphasized.

Moreover, the decision was made by all 27 EU member states, that is, including Hungary. It is noted that the agreement was reached after a small group of EU leaders persuaded Orban to lift his veto on the funding package. It is known that during breakfast Orban met with German Chancellor Olaf Scholz, French President Emmanuel Macron, Italian Prime Minister Georgia Maloney and the heads of the EU institutions Ursula von der Leyen and Charles Michel.


So far, the details of the decision agreed upon in the EU have not been officially announced, and according to unofficial information from journalists, in two years there will be a review of financial assistance for Ukraine, but Hungary will not have the right of veto.

President of Ukraine Vladimir Zelensky has already responded to this decision, thanking the Ukraine Facility for the creation of a financial instrument for Ukraine in the amount of up to 50 billion euros for 2024-2027, separately emphasizing that the decision was made by all 27 leaders. According to Zelensky, continued EU financial support for Ukraine will strengthen the long-term economic and financial stability of our country, which is no less important than military assistance and sanctions pressure on Russia.


Let us recall that the issue of allocating 50 billion euros should have been considered in December last year, after the leaders of the European Union countries came to an agreement to begin negotiations with Ukraine on accession to the EU. But the financial issue was blocked by Orban.

Photos from rejected sources



Author: Irina GAL, “FACTS”

Source: Fakty

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