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.
Good phone call with @POTUS after Europe agreed on 50 billion euros in financial aid for Ukraine.
We 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.
— Ursula von der Leyen (@vonderleyen) February 1, 2024
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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