Tuesday, February 6, 2024

European Council Chief Calls on US to Unlock $60Bln for Ukraine

European Council President Charles Michel on Tuesday called on the US House of Representatives to unblock $60 billion in financing for Ukraine, following the council's February 1 agreement on long-term financing for Ukraine worth 50 billion euros ($53.7 billion).

"This European Council decision [to set up the Ukraine Facility worth 50 billion euros] is a message to all of those who have faith in democratic values and freedom. Partners, this is a way of supporting Ukraine, supporting Ukrainians. I want to appeal to the United States House of Representatives to release the $60 billion necessary to guarantee the financial stability of Ukraine," Michel said at the European Parliament plenary session.

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