change of direction in extreme of the prime minister Hungary, Viktor OrbanIt allowed EU leaders to approve it with unexpected speed this Thursday. 50 billion euro aid package to Ukraine (17,000 million in the form of aid and 33,000 million in the form of loans). This decision comes at a crucial moment when the US Congress has not yet approved its aid, there are doubts about its long-term support, and urgency is growing in Kiev. Brussels relies on co-legislators —Council and European Parliament–conclude technical negotiations By the end of February and the first payments to reach the Government Volodymyr Zelensky In March.
“What was agreed yesterday are political consequences that must now be translated into legislation. We will have long negotiation meetings starting next week in Strasbourg, but we hope that the Council and the European Parliament will approve the entire package by the end of the month.” “We want a quick agreement” that would allow us to start making the first payments “in March,” other sources said.
Kyiv, through the Minister of Economy Yulia SviridenkoIt has already announced that it expects to receive the “first payment.” 4.5 billion“According to Brussels, the amount will depend on when the regulation comes into force and the management process, but there is no provision in the Commission proposal.” extraordinary bridge financing tool with the possibility of advance payment up to 1,500 million per month for three months.
empty arcs
Unforeseen crises in recent years, Pandemic until the war Russia, left society’s coffers empty and the possibility of encountering new fears eliminated. Therefore Brussels’ proposal review the budget in an unusual exercise. “Discussions are often complex and require unanimity. That’s why they usually only take place every seven years, but we have a budget that does not reflect the challenges we face,” explains a senior European official. This is why a review proposal failed in December due to Orbán’s veto but was agreed upon this week.
Budget increase will be almost less than Brussels demands 65,000 more million Compared to the 80,000 million requested by Community Management. However, Commission President Ursula von der Leyen said in her statement that “we have obtained approximately 80% of the financing we requested.” Only from the new game 21,000 million euros they will be “fresh money” It will be financed by contributions from Member States. $10 billion will come from redistributing previously identified priorities – funds will be cut from research programs horizon And European health-– The remaining 33,000 million will come from loans.
The agreement confirms that most of the money (50 billion) will go to Ukraine. As for the remaining items, $9.6 billion will go to financing immigration and border management (Brussels wanted 12.5 billion): 1.6 million Syrian refugees 2 million more people in Lebanon, Jordan and Syria displaced in Turkey2 million to countries Western Balkans and the rest south district. “This is a reduction, but we think the increase is still significant,” the sources consulted said. The same is not the case in the section devoted to the subject. strategic technologies, disappears from funding. The only thing that will get a pinch of 1.5 billion is the European Defense Fund. You will also get more money emergency fund1,500 million and 2 million against the 2,500 requested by the Commission flexibility instrument compared to the 3 claimed.
Source: Informacion
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