The cost of Ukraine’s accession to the EU provokes discussions within the bloc. The European Union considers its enlargement as a security tool, but the protests from Polish farmers show that the economic dimension is part of the political process in the EU. There were fears that... #AgroEU #EUbudget #EUexpansion #EUfarmers #UkraineEU
Good investment: Ukraine’s accession to the EU will require a 20% increase in the bloc’s budget. EU budget commissioner Johannes Hahn said that in the event of Ukraine’s accession to the EU, the bloc should increase its seven-year budget by €200B (+20%). He explains this expansion by the cu... #EUbudget #EUreforms #EuropeanIntegration #JohannesHahn #UkraineEU
Western aid to Ukraine exceeds the Marshall Plan. The head of the EBRD, Odile Renaud-Basso, in response to criticism, called the support of Ukraine from the West “huge” in terms of the share of support from GDP, and points out that it ove... #ebrd #EUbudget #financialaidforUkraine #OdileRenaudBasso #SupportUkraine #UkraineFacility
The EU is close to approving €50B in financial aid to Ukraine, and the money may arrive in the first quarter. EU ambassadors approved a “partial negotiating mandate” for a proposal to create a single specialized instrument to support Ukraine’s recovery, reconstruction, and modernization whil... #EUbudget #EUfinancialAid #HungaryVeto #UkraineFacility
Hungary put forward a condition for lifting its veto on €50B aid to Ukraine. According to Politico, Hungary has said that it could lift the veto on a €50B aid package from the European Union, provided the funding is reviewed every year. Budapest proposes that the European Coun... #EUbudget #EUfinancialAid #HungaryVeto #UkraineFacility #VictorOrban
EU budget disputes put Ukraine at risk of never receiving €50B in crucial aid. Disagreements within the EU regarding the budget have put the provision of €50B over four years to Ukraine at risk; this issue should be decided at the summit on December 14-15. According to the FT, E... #EUbudget #EUfinancialAid #financialaidforUkraine #SupportUkraine #UkraineFacility
Slovakia has put forward its conditions for Ukraine to receive €50B from the EU. Slovakia is ready to increase its contribution to the EU budget over the next four years by €400M so that Ukraine receives an aid package of €50B, with certain conditions. Slovak PM Robert Fico said t... #EUbudget #EUfinancialAid #RobertFico #SupportUkraine #UkraineFacility #UkraineRecovery
The European Commission’s proposal to increase the common budget by €100B for 2021-2027 was resisted by EU members. According to the FT, half of the total amount, €17B in grants and €33B in loans, is intended for Ukraine. There is almost unanimous agreement within the bloc on this matter, although some countries ha... #EUbudget #EuropeanCommission #financialaidforUkraine #UkraineBudget
After joining the EU, Ukraine will be entitled to €186B in aid. As the FT writes, this amount could be allocated to Ukraine within seven years. Calculations by the General Secretariat of the Council of Europe, a body representing the governments of the bloc’... #EUbudget #EUexpansion #UkraineEU
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
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