Hungary will not be able to block the €50B aid package to Ukraine. As European Commissioner for Budget and Administration Johannes Hahn stated, Hungary is unlikely to be able to blackmail the EU now, as it needs funding itself. Hahn recalled that a year ago, the Euro... #EUprogramForUkraine #HungaryVeto #JohannesHahn #UkraineFacility #VictorOrban
The government has presented the first details of the €50B Ukraine Plan from the EU. On October 26, the Ukrainian Parliament reported that most of the money from the plan, €39B, is directed to the Plan of Ukraine. Another €8B is Investment Fund, and €3B is for Technical and Administra... #EUprogramForUkraine #financialaidforUkraine #UkraineFacility
Ukraine and the EU held their third round of consultations on four-year, €50B funding. As reported by the Ministry of Economy, the key topics of discussion were public administration reform, green transition and environmental protection, digitalization, reform of the justice system, cor... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
The European Parliament approves amendments to the EU budget and supports the allocation of €50B to Ukraine. The European Parliament adopted a resolution in support of the European Commission’s proposals for revising the EU multi-year budget for 2021-2027 and creating a special Ukrainian fund. The reso... #DenysShmyhal #EUbudget #EUparliament #EUprogramForUkraine #financialaidforUkraine
Borrell proposes an additional €20B in military support for Ukraine and a four-year program for €50B. During his visit to Kyiv, EU High Representative Josep Borrell said that the EU has provided Ukraine with €25B of military support, and the total aid amounts to €85B. He also emphasized that the EU wi... #EUmilitaryAid #EUprogramForUkraine #EuropeanPeaceFund #EUsupportforUkraine #JosepBorrell
The framework of the Ukraine Facility will allow for attracting other donors. Developments within the framework of the Ukraine Facility program will become the foundation for further negotiations with a broader range of partner countries and financial organizations. The program... #EUprogramForUkraine #financialaidforUkraine #SupportUkraine #UkraineFacility #YuliyaSvyridenko
Europe, ahead of the US, doubles the aid promised to Ukraine. By July 31, the total amount of assistance provided and pledged by European donors had increased to €156B, compared to about €70B from the US, according to a Kiel Institute of the World Economy study.... #EUprogramForUkraine #EUsupportforUkraine #financialaidforUkraine #WeaponsforUkraine
The government has presented the needs and priorities of economic recovery within the Ukraine Facility program. As noted by the Ministry of Economy, the Ukraine Facility program will become the foundation for Ukraine’s recovery and European integration and ensure the state’s internal transformation,... #EUprogramForUkraine #OleksiySobolev #UkraineFacility #UkraineReconstruction #UkraineRecovery
The war in Ukraine has provoked “budget battles” in the EU. The financing of Ukraine accounts for half of the almost €100B that the European Commission is asking to allocate in order to strengthen the EU budget for 2021-2027. The other half will be divided amo... #EUbudget #EUfinancialAid #EUfundforUkraine #EUprogramForUkraine #SupportUkraine
The European Parliament has proposed an audit of the EU Fund for Ukraine. The Budget Control Committee of the European Parliament published a proposal on the use of EU budget funds of the €50B EU Ukrainian Fund. The document contains recommendations for an agreement between... #EUfundforUkraine #EUparliament #EUprogramForUkraine #EUUkraine #FinancialAidAudits
The European Parliament discusses the provision of €50B to Ukraine by 2027. According to the Representative of the Committee on Foreign Affairs, Michael Gahler, the new document envisages the combination of Ukraine’s reconstruction process and accession to the EU. Accor... #EUprogramForUkraine #MichaelGahler #SupportUkraine #UkraineRecovery
Budget disputes in the EU threaten further aid to Ukraine. EU funding to support Ukraine is being held back by disagreements between member states, while concerns about strained national budgets and rising spending in Brussels threaten the flow of financial a... #EUprogramForUkraine #financialaidforUkraine #SupportUkraine
Ukraine and the EU have passed the second preparation stage for the five-year, €50B program. According to the Minister of Economy, Yulia Svyridenko, at the previous meeting the parties agreed on the structure and distribution of topics. This time, attention was focused on the form in which th... #EUfinancialAid #EUprogramForUkraine #UkraineFacility #YuliyaSvyridenko
What does the Ukraine Plan envisage under the EU €50B program? Deputy Minister of Economy Oleksiy Sobolev said that the plan is a comprehensive document that will become the state’s program of recovery and economic development for the next four years. Initi... #EUprogramForUkraine #OleksiySobolev #UkraineFacility #UkraineRecovery
Ukraine and the EU have finalized the concept of Kyiv’s five-year support plan. According to Minister of Economy Yulia Svyridenko and representatives from the European Commission, the key points of the 2024-2027 plan are macro-financial recovery scenarios, a program of reforms, i... #EUfinancialAid #EUprogramForUkraine #MarleneMadsen #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The European Parliament will vote on a new €50B EU program for Ukraine. At the end of November, the European Parliament plans to vote on the final text of the new Mechanism to Support the Recovery, Reconstruction, and Modernization of Ukraine, and the first disbursement s... #EUprogramForUkraine #financialaidforUkraine #ViolaVonCramonTaubadel
The EU allocates €21B to develop Ukrainian infrastructure. Ukraine and the EU signed an agreement on participation in the Connecting Europe Facility (CEF) program. The program’s total budget until 2027, including energy and digital parts, is €21B. The a... #ConnectingEuropeFacility #EUprogramForUkraine #InfrastructureofUkraine
