Current location:Universal Update news portal > business
Hungary ends row with EU over aid
Universal Update news portal2024-05-21 09:34:57【business】3People have gathered around
IntroductionThe leaders of the European Union's 27 member nations unanimously agreed at a summit in the Belgian
The leaders of the European Union's 27 member nations unanimously agreed at a summit in the Belgian capital Brussels on Thursday to send financial aid to Ukraine, ending a row that had exploded between the bloc and member nation Hungary.
The dispute, which flared over the EU's support for candidate member nation Ukraine, centered on a proposed 50 billion euro ($55 billion) financial aid package for the country, for the years 2024 to 2027.
The package, which was supported by 26 of the bloc's 27 member nations at the previous summit in December, was proposed in the wake of the Russia-Ukraine conflict, which started almost two years ago.
But, with unanimity needed from the EU's 27 member nations, the funding was blocked by Hungary's Prime Minister Viktor Orban in December.
Several critics linked his opposition to the EU's earlier decision to withhold 20 billion euros of funding it had promised his country, money that was not delivered because of what the bloc said were its concerns about Hungary's human rights situation and alleged corruption.
Ahead of Thursday's summit, Poland's Prime Minister Donald Tusk said the bloc had run out of patience and needed to find a way to send financial aid to Ukraine "with or without Orban".
But, with the standoff between Orban and the rest of the EU threatening to become entrenched, European Council President Charles Michel announced on Thursday morning that the two sides had reached an agreement.
"We have a deal," he wrote on social media site X, saying the agreement "locks in steadfast, long-term, predictable funding for Ukraine".
Ursula von der Leyen, president of the European Commission, wrote on X that the agreement was "a good day for Europe".
Earlier, Tusk had said it was time for the bloc to put pressure on Orban to support the aid package for Ukraine. "We need to play hard and play fair, but there is no room for compromise," he was quoted by Reuters as saying as he arrived for the summit. "There is no middle way; either you are on the Ukrainian side or on the Russian side."
Reuters said the deal between Orban and the other 26 EU nations calls for the financial aid package for Ukraine to be reviewed again in two years' time, if needed.
Address of this article:http://algeria.shellye-mcdaniel.com/content-05e099917.html
Very good!(27)
Related articles
- French sports minister calls for sanctions after Monaco player tapes over anti
- ACWF Enhances Efforts to Promote Mothers and Families' Health
- 'Liusanjie of New Generation' Sings for New Era
- ACWF Vows to Mobilize Women to Play Active Role in Winning Fight Against Poverty
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- ACWF Calls on Women to Learn from Women Role Models in Anti
- Opera Professor Turns Classrooms into Performance Stages
- ACWF Mobilizes Women to Contribute to Battle Against Poverty
- Siblings trying to make US water polo teams for Paris Olympics
- ACWF Holds 2nd Session of 12th Executive Committee Meeting in Beijing
Popular articles
Recommended
Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
ACWF President Meets Poverty Fighting Women Role Models
Shen Yueyue Urges Formulation of High
More Foreign Organizations Support Chinese Women in Battle Against COVID
Amtrak train hits pickup truck in upstate New York, 3 dead including child
ACWF Holds Forum to Share Women's Efforts, Achievements in Battle Against Poverty
ACWF President Underlines People
MCA, ACWF Promote Harmony Within Families
Links
- Xiplomacy: Historic Meeting Guides Development of China
- Xi Stresses Building Modern Chinese Civilization
- Xi Focus: Sci
- Tourism revives millennia
- Xi Meets with Vietnamese PM
- Xi Focus: Xi Urges Troops to Forge 'Great Wall of Steel' in Guarding Chinese Borders
- Yangtze town has a foot in the past and an eye on the future
- Geopark listed in UNESCO network
- Xi Gives Important Instructions on Party Building and Organizational Work
- The young and old in Suzhou enjoyed the Double Ninth Festival together in autumn outings