Feb 24 • 19:29 UTC 🇩🇪 Germany FAZ

War in Ukraine: Von der Leyen: EU will pay Ukraine loan 'one way or another'

EU Commission President Ursula von der Leyen declares that the EU will disburse a planned 90 billion Euro loan to Ukraine, despite Hungary's veto.

In a recent statement during her meeting with Ukrainian President Volodymyr Zelensky in Kyiv, EU Commission President Ursula von der Leyen affirmed the European Union's commitment to providing a substantial loan of 90 billion Euros to Ukraine. This announcement comes in light of Hungary's recent decision to block the funding, creating potential hurdles in the EU's support for Ukraine amidst ongoing conflict. Von der Leyen emphasized that the disbursement would proceed 'one way or another', demonstrating the EU's steadfast support for Ukraine's sovereignty and recovery efforts.

The backdrop to this pledge includes continued international backing for Ukraine, as highlighted by a recent vote in the UN General Assembly which reaffirmed global support for the country struggling against aggression. Meanwhile, the escalating conflict has led to significant operational disruptions within Ukraine, such as Naftogaz halting its gas facility in Kharkiv due to attacks. These developments not only underscore the urgent need for economic support but also reflect the geopolitical tensions within Europe regarding the response to the war.

Von der Leyen's assurance to Ukraine underlines the EU's long-term strategy to assist Ukraine in its efforts for recovery and resilience against external pressures. This strategic financial support aims not just to stabilize Ukraine's economy now but also to integrate the country further into the EU framework, fostering a sense of European unity amidst the crisis. Hungary's veto casts a spotlight on internal EU dynamics as member states navigate their positions and responsibilities in response to the war.

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