PARIS — The European Union has reached a deal to include 50 billion euros ($54 billion) in funding for Ukraine in its budget for the next three years. The agreement came surprisingly quickly after Hungary, long opposed, reversed its stance.
The money will help Kyiv keep its economy running in 2024 and sustain essential services such as health care, social protection and pensions.
European Parliament President Roberta Metsola hailed the agreement in a press conference just hours after it was reached. She said the unanimous approval by the EU’s 27 member nations meant keeping the funding within the EU budget, which gives it the added stamp of approval of the European parliament.
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