www.euronews.com EU Budget Tied to Ukraine Aid Amidst Political Tensions
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- •Merz's ultimatum links EU budget approval to Ukraine aid, demanding unanimous support.
- •Four countries, including Slovakia and Hungary, oppose the ultimatum, asserting their sovereignty.
- •The EU plans to cover two-thirds of Ukraine's €70 billion funding gap through new mechanisms.
German Chancellor Friedrich Merz has linked the EU budget approval to Ukraine aid, demanding unanimous support from member states. This ultimatum has faced pushback from Slovakia, the Czech Republic, Hungary, and Bulgaria, with leaders asserting their sovereign positions. The EU has pledged to cover two-thirds of Ukraine's €70 billion funding gap, approximately €45 billion, through yet-to-be-defined mechanisms. The situation escalates as Merz threatens to block the EU budget for 2028-2034 if his conditions are not met. The ongoing discussions will take place at a special summit in Brussels at the end of the month, with a focus on Ukraine's financial needs. The political maneuvering reflects broader geopolitical tensions within the EU regarding support for Ukraine amidst its ongoing conflict.
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