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HomeWorldOrban and Fico blocked...
October 27, 2023

Orban and Fico blocked 50 billion euros in aid to Ukraine

By David
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    Hungary and Slovakia opposed the provision of 50 billion euros to Ukraine.

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    .

    Hungarian Prime Minister Viktor Orban said that “EU support does not work,” and his Slovak counterpart Robert Fico referred to problems of corruption in Ukraine. Politico and Reuters write about this.

    At the same time, Lithuanian President Nauseda said that the proposed 50 billion euros for Ukraine is not enough. According to the Estonian Prime Minister, in addition to supporting Ukraine, overall costs should increase to improve the EU’s defense capabilities.

    By the end of the year, the EU must decide to revise its budget for 2024-2027, including the allocation of funds to Ukraine. But this requires the consent of all 27 EU member states. The states agreed to extend the consultations.

    The European Parliament approved a resolution to revise the budget for 2021-2027, which, in particular, provides for the creation of a special fund for Ukraine in the amount of 50 billion.

    The document says that the budget review should focus on the large-scale consequences of Russian aggression against Ukraine.

    Let us remind you that the EU began preparing a package of financial assistance to Ukraine worth 50 billion euros this summer.

    This proposal from the European Commission will help finance the Ukrainian government’s operating expenses and pay for priority recovery needs. It is part of the EU’s long-term budget review and will cover the period from 2024 to 2027.

    The money was to be paid on the condition that Ukraine would carry out reforms to improve the rule of law and fight corruption.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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