European Union agrees to 50 billion euro in Ukraine aid

European Union on Thursday agrees new 50 billion euro aid package for Ukraine

“We have a deal. All 27 leaders agreed on an additional €50 billion support package for Ukraine within the EU budget”, European Council President Charles Michel said in announcing the deal.

The E.U., he wrote on X, formerly Twitter, “is taking leadership & responsibility in support for Ukraine; we know what is at stake.”

Ukrainian President Volodymyr Zelensky welcomed the news.

“Grateful to Charles Michel and EU leaders for establishing the €50 billion Ukraine Facility for 2024-2027. It is very important that the decision was made by all 27 leaders, which once again proves strong EU unity”, Zelensky wrote.

In emergency meetings in Brussels, Hungarian Prime Minister Viktor Orban, who has spent months railing against the aid, finally agreed to sign on — though the terms remain unclear.