Post by account_disabled on Feb 18, 2024 2:08:15 GMT -5
Hungary slammed the door on 50 billion euros ( $55 billion) in European Union aid to Ukraine on Thursday night, just hours after a deal was reached to start talks on Kiev's EU accession. . "Night shift summary: veto on extra money for Ukraine ," said Hungarian Prime Minister and Russia's biggest ally in the EU, Viktor Orban, at the summit of European leaders in Brussels, which ends this Friday. The Ukrainian president, Volodmir Zelenski, and Orban crossed paths in Buenos Aires during the inauguration of Javier Milie and there was much speculation about what they had discussed in a brief and tense dialogue, on the eve of the announced Hungarian veto of Ukrainian aid.
The blockade in Brussels made it clear that both Europe Mobile Number List leaders did not make peace. Now, the summit reached a political agreement (not yet legal) to bypass the Hungarian veto and continue helping Ukraine financially and with weapons. After four in the morning, the president of the European Council, the Belgian liberal Charles Michel, announced that he had reached an agreement at 10 p.m. Hungary was left out. Video Nobody knows what was said, but there were tense faces between the president of Ukraine and his worst enemy within the European Union, the Hungarian leader.
Thus, the European Union will provide 50 billion euros in the coming years in the form of macro-financial aid to keep the Ukrainian economy afloat and for Kiev to begin negotiating its accession to the European Union. The legal decision will be made at an extraordinary European summit to be held at the end of January, because several prime ministers need permission from their parliaments to commit. The solution could come in two ways. The 26 willing could create a financial instrument (in practice, a private fund probably based in Luxembourg) that would channel this financial aid (one third would be non-refundable transfers and two thirds would be loans at almost zero rates.