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EU summit agrees €50 billion aid for Ukraine despite Hungary's veto threat

EU summit agrees €50 billion aid for Ukraine despite Hungary's veto threat

European Union leaders unanimously agreed on Thursday to extend 50 billion euros in aid to Ukraine, the chairman of the summit said, overcoming weeks of resistance from Hungary.

We have a deal. Unity," said European Council President Charles Michel in a post on X. "All 27 leaders agreed on an additional 50 billion euro support package for Ukraine within the EU budget."

The announcement came despite staunch objections from Hungary in December and in the days leading up to Thursday's summit in Brussels.

Ukraine's economy minister said Kyiv expects to receive the first tranche of 4.5 billion euros ($4.9 billion) from the EU in March.

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