Von der Leyen discusses EU decision on €50 billion aid for Ukraine with Biden

On 1 February, European Commission President Ursula von der Leyen held a telephone conversation with US President Joe Biden after EU leaders approved a €50 billion macro-financial assistance package for Ukraine.

Source: Von der Leyen on Twitter (X), European Pravda reports 

Details: The European Commission president said that during a "good phone call" following the decision to allocate €50 billion, she and Biden had "agreed that Ukraine needs to continue receiving broad support from its partners".

"We will jointly stand at Ukraine's side as long as it takes," she concluded.

Background:

• On Thursday EU leaders overcame Hungary's long-standing opposition and reached an agreement on a €50 billion macro-financial assistance programme for Ukraine. The programme is designed to run for four years.
• The summit's conclusions state that Ukraine will be able to receive funds if it meets a number of preconditions. It also states that EU leaders will hold annual debates on the programme, and in two years they may propose a revision of the entire multi-year financial framework to the European Commission.

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