All 27 countries in the European Union (EU) agreed to provide financial aid of 50 billion euros (about R$260 billion) to Ukraine. The confirmation was given by the head of the European Council, Charles Michel, this Thursday (1).

“This guarantees constant, long-term and predictable financing for Ukraine. The European Union takes the lead and takes responsibility for supporting Ukraine; We know what is at stake,” said the President of the European Council.

The President of the European Commission, Ursula von der Leyen, commenting on the decision, stated that “this is a good day for Europe”.

The President of Ukraine, Volodymyr Zelensky, also reacted to the approval of the financial package. In a post on his social media account X (formerly Twitter), he stated that “the EU’s continued financial support for Ukraine will strengthen our long-term economic and financial stability, which is no less important than military sanctions pressure on Russia”.

The decision to provide economic assistance to Ukraine worth 50 billion euros was scheduled to be taken in December 2023, but was blocked by Hungarian Prime Minister Viktor Orban.

This Thursday, the Hungarian leader stated that his country would support the decision to allocate assistance to Ukraine, as long as EU countries subject this decision to approval every year and unanimously.

Thus, Hungary could once again block support for Ukraine in future opportunities. Previously, Orban said he wanted to force the EU to reconsider its policy towards Ukraine.

Editing: Lucas Estanislau


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