EU leaders propose €50 billion annual debate for Ukraine, bypassing Orban's veto

EU leaders propose €50 billion annual debate for Ukraine, bypassing Orban's veto

EU leaders will propose to include in the EU summit decision the idea of holding annual discussions on the planned €50 billion aid package for Ukraine to enlist Hungary's support in approving the allocation of funds. This is stated in the draft conclusions of the summit, as cited by Reuters.


In the latest version of the February 1 draft summit conclusions, which the agency has seen, EU leaders say they could hold annual debates on how EU money is spent by Ukraine based on reports from the European Commission.


This would not give Hungary a veto over the allocation of funds, but would allow it to express its reservations.


The draft also envisages regular debates in the European Council to provide recommendations on the EU's approach to the situation resulting from Russia's military aggression against Ukraine.


It is currently unclear whether Hungary will accept this proposal, as it insists on its one-year veto on funding for Ukraine and does not want to contribute to the increase in the cost of servicing the EU's joint borrowing for the recovery fund.





EU leaders will propose to include in the EU summit decision the idea of holding annual discussions on the planned €50 billion aid package for Ukraine to enlist Hungary's support in approving the allocation of funds. This is stated in the draft conclusions of the summit, as cited by Reuters.


In the latest version of the February 1 draft summit conclusions, which the agency has seen, EU leaders say they could hold annual debates on how EU money is spent by Ukraine based on reports from the European Commission.


This would not give Hungary a veto over the allocation of funds, but would allow it to express its reservations.


The draft also envisages regular debates in the European Council to provide recommendations on the EU's approach to the situation resulting from Russia's military aggression against Ukraine.


It is currently unclear whether Hungary will accept this proposal, as it insists on its one-year veto on funding for Ukraine and does not want to contribute to the increase in the cost of servicing the EU's joint borrowing for the recovery fund.