EU to fund Ukraine with €1.2 billion, bypassing Hungary’s block

Sharing is Caring!

Foreign ministers from 26 EU countries have decided to grant Ukraine at least 1.2 billion euros ($1.3 billion) for ammunition and air defense. They bypassed “pro-Kremlin Hungary,” reports Katarzyna Szymańska-Borginon, Polish station RMF FM correspondent in Brussels.

See also  Japan's yen woes: A staggering $62 billion barely moved the yen; $7 trillion may barely suffice.

The journalist added that “Hungary continues to block nearly 7 billion euros ($7.4 billion) from the Peace Fund, from which the money already spent by EU countries on arms for Ukraine is reimbursed, including 450 million euros ($478 million) for Poland for the weapons transferred to Ukraine.”

www.msn.com/en-us/news/world/eu-to-fund-ukraine-with-1-2-billion-bypassing-hungary-s-block/ar-BB1oN74o?

See also  Massachusetts may lose $1 billion in revenue by 2030 as wealthy residents flee high taxes.
Views: 26

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.