JRL NEWSWATCH: “EU Leaders Agree to $54 Billion Ukraine Aid Package as Hungary’s Orban Backs Down” – WSJ

EU Map adapted from cia.gov image

“Ukraine aid decision comes against the backdrop of growing fears about Russia’s threat to Europe’s security”

“[EU] leaders agreed to a $54 billion budget aid package for Ukraine … Thursday, locking in financing … for the next four years … [a mix of long-term loans and grants,] a major boost for Ukraine, which could have started to run short of funds in coming weeks to pay for salaries, pensions and other basic services. … Ukraine is relying on still-blocked U.S. assistance to cover its full budget gap for 2024 and maintain military supplies. … [T]he Ukraine aid package could be reviewed in two years … to examine whether the assistance is still necessary. …”

Click here for: “EU Leaders Agree to $54 Billion Ukraine Aid Package as Hungary’s Orban Backs Down; Ukraine aid decision comes against the backdrop of growing fears about Russia’s threat to Europe’s security” – Wall Street Journal: Laurence Norman

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