Showing posts with label financial aid. Show all posts
Showing posts with label financial aid. Show all posts

Friday, February 02, 2024

How Will Ukraine Use the EU's 50 Billion Euros? | DW News

Feb 1, 2024 | After a long struggle, all 27 EU states have agreed to a multi-billion euro financial package for Ukraine at the special summit in Brussels. EU Council President Charles Michel announced the agreement: 50 billion euros in financial aid is to flow into Ukraine by 2027. Ukrainian President Volodymyr Zelensky praised the agreement reached by the EU states. The commitment will strengthen the long-term economic and financial stability of his country.


For Orban, Ukraine Is a Pawn in a Longer Game: His real aim is to lead a populist and nativist rebellion against Europe’s liberal elite, though that campaign is showing signs of faltering. »

Thursday, February 01, 2024

EU Agrees on €50 Billion Ukraine Aid Package | DW News

Feb 1, 2024 | Just one hour into the EU's special summit, EU leaders managed to reach a deal that will allow the bloc to send €50 billion ($54 billion) in funding to Ukraine over the next four years, according to European Council President Charles Michel.

The deal had been blocked by Hungary since the previous leaders' summit in Brussels in mid-December. "We have a deal," Michel wrote on X, formerly Twitter. "This locks in steadfast, long-term, predictable funding for Ukraine."


Friday, December 15, 2023

Hungary Blocks €50bn of EU Funding for Ukraine | BBC News

Dec 15, 2023 | Hungary has blocked €50bn ($55bn; £43bn) in EU aid for Ukraine - just hours after an agreement was reached on starting membership talks.

"Summary of the nightshift: veto for the extra money to Ukraine," Hungarian Prime Minister Viktor Orbán said after Thursday's talks in Brussels. EU leaders said the aid negotiations would resume early next year.

The aid blocking was announced by Mr Orbán shortly after the EU leaders decided to open membership talks with Ukraine and Moldova and to grant candidate status to Georgia.

Hungary - which maintains close ties with Russia - has long opposed membership for Ukraine but did not veto that move.



Hungary blocks €50bn in EU aid for Ukraine hours after membership talks approved: Viktor Orbán says extra money to Kyiv had been vetoed but talks would resume in the new year »

Tuesday, December 12, 2023

Ukraine’s Zelenskyy in Last-ditch US Tour to Plead for $61bn Aid – BBC News

Dec 12, 2023 | Ukrainian President Volodymyr Zelenskyy is in Washington DC to try and save a $61bn (£48.5bn) US defence package for Kyiv. Republican members of Congress have stalled the aid package and have argued that more should be done to strengthen the US-Mexico border.

Zelenskyy will meet behind closed doors with various senators as well as the new House Speaker, Mike Johnson, to plead his case. The Ukrainian president will also meet with President Joe Biden, who has urged US lawmakers to approve the funds as soon as possible.



This has Trump written all over it! Those Republicans must be off their rockers! Zelenskyy and the Ukrainians are doing the West’s dirty work – he and his people are fighting for the maintenance of the freedom of the West. If the US in particular and the West in general let Zelenskyy and his people down, the war will in all probability be won by Putin, with all the ramifications that will follow. This is insanity! – © Mark Alexander

Ukraine Fears for Financial Support from the EU and the USA | DW News

Dec 12, 2023 | Ukraine's fears are growing that foreign aid and arms supplies will soon be a thing of the past. This week, high-level EU talks in Brussels could decide the fate of the promised €50 billion in aid to Kyiv and additional money for new arms deliveries.On Monday, Volodymyr Zelenskyy made a stopover in Washington. There, the opposition US Republicans are blocking an aid package for Kiev worth 61 billion dollars.In the face of these difficult negotiations, an end to the war looks increasingly distant. What is the psychological impact of this protracted conflict on Ukraine?

Saturday, October 17, 2015

Germany Ready to Give Greece Financial Aid to Tackle Refugee Crisis


THE GUARDIAN: Berlin acknowledges Greek economy too weak to cope with influx and is willing to give support in return for more robust border controls

Germany is willing to give Greece financial backing to deal with the unprecedented refugee crisis on its own soil instead of exporting it north towards central Europe.

With thousands of refugees pouring into Greece every day and the economy still sputtering, officials in Berlin indicated that Germany would come up with support for Athens in return for a more robust effort to control its borders in the Aegean Sea.

Stressing that there was no connection between any support linked to refugees and the bailout deal agreed this year, as had been suggested in German media, the government admitted Greece’s economy was too delicate for it to be able to deal with the crisis on its own.

“We want to support Greece in this, so that it is able to meet its duties as a member of the EU to protect its borders in the most effective way,” the government spokesman Steffen Seibert told journalists in Berlin. » | Kate Connolly in Berlin and Helena Smith in Athens | Friday, October 16, 2015