"EU leaders reached an agreement to provide 50 billion euros of support for Ukraine! "!
The leaders of the 27 countries of the European Union met in Brussels on Thursday to sign a major agreement that will provide Ukraine with 5 billion euros in aid to help the war-torn country recover its economy. It was not easy to reach an agreement, and Hungary had threatened to vote against it, but had withdrawn the bill.
The United Kingdom reported that European Commission President Chelsez-Michelle issued a statement, "We have agreed.
Michel said that the agreement will provide stable, long-term and predictable financial assistance to Ukraine, which is a manifestation of the EU's leadership and responsibility for Ukraine. Ukraine** Vladimir Zelensky also welcomed this and saw it as a step forward of great significance.
Surprisingly, Hungary quickly withdrew its veto. Ahead of the summit, Hungarian Prime Minister Viktor Orban said on social media: "Despite the threats made against us by the bureaucracy in Brussels, we want to defend the voice of the people."
It is said that in December last year, Mr. Orban vigorously opposed and blocked the passage of the financial rescue plan, and some time ago he threatened to do it again. As a result of the alleged regression of democracy in Hungary, Orban** came into conflict with the Council of Europe, which led to some reductions in funding.
In December, the leaders of 26 other countries agreed to come up with a €50 billion bailout package between 2024 and 2027. They are also in favor of Ukraine joining the EU as a candidate, although Orban himself does not want to.
However, the financial assistance package is an integral part of the EU's existing seven-year budget and needs to be unanimously approved by all member states. The British** were surprised by the change in attitude towards Hungary. A European**, speaking on condition of anonymity, said the leaders of the two countries had agreed that within two years, the European Commission would conduct a necessary review of the budget. Such a review would leave no room for a veto in the future.
Ukraine** Zelensky said on his social account, "The European Union's continued financial support will enhance Ukraine's long-term economic and financial stability, which is no less important than the military aid imposed on Russia and the sanctions imposed on it."