🇪🇺 At the summit in Brussels, EU leaders decided to allocate €50 billion to Ukraine for 2024-2027. For this purpose, the Ukraine Facility will be created.

Ukraine's Foreign Ministry welcomed the decision and expects all legal procedures to be completed in January 2024, after which funding will begin. The money will be used to maintain macroeconomic stability, restore and modernize the state, and accelerate EU integration.

Due to Hungarian Prime Minister Orban's veto, these funds will not be included in the EU budget, but the EU has a backup plan. The 26 member states are expected to provide €1.5 billion to Ukraine starting next year.

@liveukraine_media