1 Dec 2023 12:41

EU countries agree new financial package of 50 bln euros for Ukraine

MOSCOW. Dec 1 (Interfax) - European Budget Commissioner Johannes Hahn has said that the European Commission's proposal to support Ukraine with 50 billion euros in loans and grants over the next four years is not opposed by any EU country, Ukrainian media said, citing a Sky News report.

"The central piece is the support for Ukraine. This is not contested by anybody, even in magnitude," Hahn said at a press briefing on Thursday.

EU governments are also divided over a revision of the 27-nation bloc's long-term budget after the European Commission proposed that EU countries provide extra funds to the common budget, most of it for Ukraine, according to the report.

On June 20, the European Commission proposed setting up a dedicated financing instrument of near 50 billion euros to consistently provide potential support to Ukraine over the period from 2024 to 2027.

European Commission President Ursula von der Leyen said that the EU's overall financial assistance to Ukraine already stands at 30 billion euros, the figure that had not been envisaged in the EU budget.

Meanwhile, Hungary has repeatedly opposed the disbursement of new EU financial assistance to Ukraine at least until Kiev reports on the use of the funds it received previously.