EU Commission President Ursula von der Leyen wants to help Ukraine despite resistance from Hungary new EU financial aid of up to 35 billion euros She announced this during a visit to Ukrainian President Volodymyr Selenskyj in Kyiv on the X platform. The money is to be Part of the support package planned by the G7 group be that total of up to 50 billion dollars Von der Leyen’s proposal still needs the approval of the majority of EU states.
“Due to the relentless Russian attacks, Ukraine depends on the continued support of the EU,” wrote von der Leyen. The money is another important contribution the EU for the reconstruction of Ukraine.
The seven major western industrialized countries (G7) agreed on new financial aid for Kyiv at their summit in June. The loan of 50 billion dollars is to through Interest income from frozen Russian assets EU representatives attend G7 meetings.
The financial aid is to be divided between the countries and the EU. However, the USA only wants to participate if the Russian money remains frozen permanently. Hungary is opposed to this. According to EU rules, unanimity is required every six months to freeze the money between the 27 EU countries.
Von der Leyen’s proposal now provides a path that does not require unanimity. According to this, the EU Commission will grant Ukraine the Grant 35 billion financial aid yourselfAccording to the Commission, this requires the approval of the European Parliament and a qualified majority of EU states. This means that 15 countries representing at least 65 percent of the total EU population must agree.
Orban’s controversial relations with Moscow
The government of Hungarian Prime Minister Viktor Orban maintains good relations with Russia. Since the beginning of the Ukraine war, Orban has tried to To prevent Kyiv’s EU accession negotiationsdelayed Western sanctions and blocked financial and military aid. He accused the EU of bringing the conflict to Europe by helping Ukraine. In his opinion, Ukraine cannot defeat Russia.
There was a long discussion within the EU about what to do with the Russian assets. In the spring, it was agreed that 90 percent of the usable interest income from the safekeeping of Russian central bank funds would be channeled into the EU fund for financing military equipment and training. The remaining ten percent would be used for direct financial aid. (dpa)
