At the beginning of next year, an extraordinary EU summit will be held, at which the issue of providing Ukraine with €50 billion in aid until 2027 will be considered.
The president of the European Council, Charles Michel, and the head of the European Commission, Ursula von der Leyen, announced this at a briefing in Brussels following the results of the EU summit.
The head of the Eurocouncil noted that 26 EU member states supported the provision of aid, but this is not enough for an official decision, so at the beginning of 2024 "there will be a special summit to convince all 27 countries to agree to the proposal."
According to President Michel, the EU is using all possible arguments to convince Hungary, which is blocking the package.
The President of the European Council noted that the date of the special EU summit has not yet been confirmed, but it is known that it will take place at the end of January — beginning of February.
- At the summit in Brussels, the European Council decided to create a Ukrainian fund with financing in the amount of €50 billion for 2024-2027. The money should go, in particular, to support macroeconomic stability, recovery and modernization of Ukraine, as well as acceleration of integration into the EU. Due to Hungarian Prime Minister Orbánʼs veto, these funds will not be included in the EU budget, but the European Union has a backup plan, Bloomberg reports. It is expected that 26 member states will allocate a certain amount to Ukraine every year until 2027, the same €50 billion will be obtained.