EU MONEY TO HELP UKRAINE ENERGY SECTOR OVERCOME CHERNOBYL
After the summit, Orban said Hungary had been worried that EU money intended for Hungary would go to Ukraine. "We finally negotiated a control mechanism to guarantee that the money would be used sensibly, and we received a guarantee that Hungary's money would not end up in Ukraine," he sa...
Orban also vetoed a proposed 50-billion-euro allocation from the EU budget to Ukraine. He suggested that the EU will come back to the issue next year in the European Council meeting after proper preparation. Orban told state radio that the country should not send any more money to finance t...
The West cannot allow Ukraine to run out of money and the Biden administration will continue to support Kyiv, US Secretary of Treasury Janet Yellen said on Wednesday (31 January) in a bid to reassure European officials at joint talks.
LONDON (Reuters) - The European Union's lending arm, the European Investment Bank (EIB) has signed a pledge to speed up the use of over 560 million euros ($595.90 million) it has ready to support Ukraine's rebuild effort this year. The EIB and Ukraine's government said a new memorandum...
MOSCOW. Jan 17 (Interfax) - Ukraine's progress in fulfilling the 20 points of the memorandum of understanding, signed by Ukraine and the European Union on Monday, will be key to the disbursement by the EU of the second and subsequent tranches of its $18-billion macro-financial assistance pa...
Ahead of Thursday's summit, Poland's Prime Minister Donald Tusk said the bloc had run out of patience and needed to find a way to send financial aid to Ukraine "with or without Orban". But, with the standoff between Orban and ...
Some banks fear, however, that they might later be held liable by Russia if they are involved in any transfer of money to Ukraine and that the EU plan could be extended to assets in accounts they hold for sanctioned individuals and companies. ...
Both Hungary and Slovakia do not provide military aid to Ukraine but EU officials say they should not be able to block the proposal as contributions would be voluntary. "We will not be dragged into this, nor will we let Hungarian taxpayers' money be used to finance arms suppl...
Prime Minister Viktor Orban told state radio on Friday that Hungary rejects the European Commission's plans to grant more money to Ukraine and is not willing to contribute additional money to finance the EU's increased debt service costs. ...