EU Allocates $54 Billion to Support Ukraine's Economy

The financial aid, primarily aimed at non-military needs, seeks to stabilize and rebuild Ukraine's economy for future EU membership.

EU leaders agree to provide Ukraine with 50 billion euros ($54 billion) in aid, with Hungary withdrawing its veto threat.
The aid package, comprising two-thirds loans and one-third grants, will be distributed over four years to support Ukraine's war-impacted economy.
Funds are designated for non-military purposes, including state salaries, public services, currency support, and foreign investment safety nets.
Ukraine's President Zelenskyy emphasizes the aid's role in enhancing long-term economic stability, alongside military assistance and sanctions against Russia.
Russia's economy shows resilience against sanctions, with a shift in budget priorities raising sustainability concerns.