EU fails to unblock €5 billion aid to Ukraine ...News

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EU fails to unblock €5 billion aid to Ukraine
The bloc has promised Kiev more money despite the ongoing opposition from Budapest The EU will consider a €5 billion military aid package for Ukraine for 2024, the bloc’s foreign policy chief Josep Borrell said in Kiev on Monday. Hungary’s veto on the existing €500 million “European Peace Facility” fund has not yet been withdrawn, however. “I have proposed a new multi-annual bilateral allocation of the European Peace Facility, up to five billion for next year,” Borrell said at a joint press conference with the Ukrainian Foreign Minister Dmitry Kuleba. “I hope we can reach an agreement before the end of the year.”

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