"Ukraine will not be left without money": Dutch Prime Minister makes statement after Hungary blocks 50 billion euros

"Ukraine will not be left without money": Dutch Prime Minister makes statement after Hungary blocks 50 billion euros

Kyiv  •  UNN

December 15 2023, 07:20 AM • 40965 views

Dutch Prime Minister assures that Ukraine will not be left without money amid Hungary's blocking of a €50 billion package as the EU plans to resume aid talks in January

Ukraine will not be left without money in the next few weeks, and the EU will return to negotiations on a multi-year budget in January, after Hungary blocked the MFF and aid to Ukraine worth 50 billion euros. This was announced by the Prime Minister of the Netherlands Mark Rutte, UNN reports with reference to Reuters.

We still have some time, Ukraine is not out of money in the next few weeks

said Dutch Prime Minister Mark Rutte to reporters after leaving the talks.

"I am fairly confident we can get a deal early next year, we are thinking of late January," Rutte said.

As a reminder,

Hungarian Prime Minister Viktor Orban announcedthat he has vetoed a €50 billion aid package for Ukraine over four years, along with blocking the revision of the EU's multi-annual budget (MFF).

According to Reuters, EU leaders wrapped up negotiations on the financial package, which requires the unanimity of 27 EU leaders, early Friday morning and said they would try again in January, expressing some optimism that a deal could be struck then.

Orban reportedly argued that Ukraine should not receive such large sums from the EU budget because it is not part of the bloc. Other leaders assured Kyiv that they would channel aid to Ukraine outside the EU budget if Budapest continued to block.