World News

EU agrees on €50 billion Ukraine aid package | DW News

Just one hour into the EU’s special summit, EU leaders managed to reach a deal that will allow the bloc to send €50 billion ($54 billion) in funding to Ukraine over the next four years, according to European Council President Charles Michel. The deal had been blocked by Hungary since the previous leaders’ summit in Brussels in mid-December. “We have a deal,” Michel wrote on X, formerly Twitter. “This locks in steadfast, long-term, predictable funding for Ukraine.”

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