Hungary Blocks EU Plan to Raise Over $18 Billion in Funding for Ukraine



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European Union finance ministers did not agree Tuesday on presenting extra than $18 billion of essential financial assist for Ukraine subsequent 12 months, with Hungarian Prime Minister Viktor Orban’s government stymying for now efforts to stable the loan via not unusual EU debt issuance.

The promised assist of 18 billion euros, same to $18.Nine billion, is anticipated as a important part of the West’s contribution to help Kyiv pay for essential offerings subsequent 12 months. It comes after the EU got here under U.S. And Ukrainian strain to increase its financial help for Ukraine and ensure the consistency of its assist.

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