€90 billion interest-free EU financial package for Ukraine
€90 billion interest-free EU financial package for Ukraine
M.U.H
21/12/202532
In Brussels, the de facto capital of the EU, these were the scenes on Friday morning at one of the city's busiest metro stations. Entire families spent Thursday night sleeping here in freezing conditions.
Meanwhile, just a few kilometers away, EU leaders were finalizing a 90 billion euro financial package aimed at supporting Ukraine's war effort and keeping the country financially afloat over the next two years.
Hungary, Slovakia, and the Czech Republic refused to sign up to the plan, but it will proceed regardless.
The 90 billion euro loan to Ukraine will be interest-free. The money will be raised using the EU budget.
That's taxpayers' money, the same taxpayers who are subject to heavy interest on their loans.
Not to mention the questions still being asked about the true scale of corruption in Ukraine.
Hungarian Prime Minister Viktor Orban insists EU foreign policy is, in fact, prolonging the war in Ukraine.
Since 2022, the EU and its member states have provided 187 point 3 billion euros to Kiev, including 66 billion euros for weapons.
Many citizens feel it's time to stop feeding the arms industry.
It has been suggested that Ursula von der Leyen's days as European Commission boss might be numbered after she failed to convince leaders to use Russia's frozen assets to raise money for Ukraine, and failed to get a trade deal with South American countries across the line.
