To fulfill that aim, the EU agreed to give Kyiv €50 billion.
Ukrainian President Volodymyr Zelenskyy said he was “grateful” to Charles Michel and EU leaders for establishing the €50 billion Ukraine Facility.
“It is very important that the decision was made by all 27 leaders, which once again proves strong EU unity,” Zelenskyy tweeted.
“Continued EU financial support for Ukraine will strengthen long-term economic and financial stability, which is no less important than military assistance and sanctions pressure on Russia,” he added.
The European leaders managed to win over Orbán with three additions, diplomats said. There will be an annual report by the European Commission on the implementation of the aid package, there will be a debate at leaders level on the implementation of the package and if it is needed, in two years the European Council will ask the Commission propose a review of the new budget, according to the latest version of the draft European Council conclusions.
EU leaders added a line referring to earlier conclusions from December 2020 to guarantee that that the way rule of law in Hungary is evaluated by the European Commission is done in a fair and objective manner.
