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  • The Independent

    EU faces showdown with Hungary’s Orban over crucial aid for Ukraine to fight Putin’s forces

    by Tom Watling Jan 31, 2024 3 minutes
    Source: REUTERS

    The European Union has made a last-ditch attempt to convince Hungary and its pro-Kremlin leader to cease blocking further aid to Ukraine by offering the chance to debate funding annually.

    EU ambassadors, following a meeting on Wednesday ahead of a summit of the bloc’s leaders on Thursday, agreed to the proposal of an annual debate over the package to Ukraine worth around €50 billion (£43bn), according to a draft summit.

    The , with €33 billion in cheap loans and €17 billion in grants stable financing as it fights off Russia’s invasion. It is not a military package.

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