• 11/11/2024

Von der Leyen discusses with Biden EU decision on €50 billion in aid for Ukraine

Pravda Ukraine

On February 1, European Commission President Ursula von der Leyen held a telephone conversation with US President Joe Biden after EU leaders approved a €50 billion macro-financial assistance package for Ukraine.

Source: Von der Leyen on Twitter (X), European Pravda reports 

Details: President of the European Commission said that during a “good phone call” preceding the decision on €50 billion, she and Biden “agreed that Ukraine needs to continue receiving broad support from its partners”.

“We will jointly stand at Ukraine’s side as long as it takes,” she concluded.

Background:

  • EU leaders on Thursday overcame Hungary’s long-standing opposition and reached an agreement on a €50 billion macro-financial assistance programme for Ukraine. The program is designed for four years.
  • The summit’s conclusions state that Ukraine will be able to receive funds if it meets a number of preconditions. It also states that EU leaders will hold annual debates on the programme, and in two years they may propose to the European Commission a revision of the entire multi-year financial framework.

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https://www.pravda.com.ua/eng/news/2024/02/1/7439990/