EU leaders on Thursday sealed a deal to provide Ukraine with 50 billion euros ($54 million) to shore up its war-ravaged economy after Hungary dropped weeks of threats to veto the measure.
The aid package — about two-thirds loans and one-third grants to be paid out over a four-year period — is not intended to fund arms and ammunition, which fall under a separate EU plan. Instead, it aims to stabilize Ukraine’s economy after nearly two years of fighting, pay for rebuilding, and set the country up for future EU membership.
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