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Ukraine funding, Orban’s opposition set to dominate crucial EU summit

Ukraine funding, Orban’s opposition set to dominate crucial EU summit

Al Jazeera
Monday, January 29, 2024 02:33:41 PM UTC

Resistance to further aid for Kyiv is growing ahead of meeting that comes almost two years into Russia’s war in Ukraine.

European Union leaders are preparing for a crucial meeting that will be dominated by a second attempt at passing a 50-billion-euro ($54bn) amendment to the EU budget that will help finance Ukraine over the next four years.

That amendment was vetoed by Hungary at December’s regular summit along with 20 billion euros ($21.7bn) in military aid to Ukraine for 2024.

The EU’s executive, the European Commission, is reportedly hoping to bring Hungary on board at Thursday’s meeting by offering Prime Minister Viktor Orban an opportunity to block a continuation of the support next year when the EU would evaluate whether Ukraine still needs the money and meets requirements to receive it.

EU support has been key to Ukraine’s war effort.

The bloc has spent more than 40 billion euros ($43bn) to support Ukraine’s budget and 27 billion euros ($29bn) in military aid since the war began almost two years ago in addition to 17 billion euros ($18.4bn) supporting millions of Ukrainian refugees in Europe.

Read full story on Al Jazeera
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