EU agrees deal on $50bn funding for Ukraine

The European Union has agreed a funding deal worth more than $50 billion for Ukraine, the EU Council President, Charles Michel Said on X, formerly known as Twitter, on Thursday morning.

The European Union has agreed a funding deal worth more than $50 billion for Ukraine, the EU Council President, Charles Michel Said on X, formerly known as Twitter, on Thursday morning. “We have a deal. #Unity All 27 leaders agreed on an additional €50 billion support package for Ukraine within the EU budget,” he wrote. “This locks in steadfast, long-term, predictable funding for #Ukraine. “EU is taking leadership & responsibility in support for Ukraine; we know what is at stake.” The funds had been blocked since December after Hungary had vetoed the deal at a previous summit. This is a developing story. More details to come.