EU agrees deal on $50bn funding for Ukraine

The European Union has agreed a funding deal worth more than $50 billion for Ukraine, the EU Council President, Charles Michel Said on X, formerly known as Twitter, on Thursday morning.

“We have a deal. #Unity All 27 leaders agreed on an additional €50 billion support package for Ukraine within the EU budget,” he wrote. “This locks in steadfast, long-term, predictable funding for #Ukraine.

“EU is taking leadership & responsibility in support for Ukraine; we know what is at stake.”

The funds had been blocked since December after Hungary had vetoed the deal at a previous summit.

This is a developing story. More details to come.

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