March 05, 2025 09:35 GMT
EU: Euronews-Ukraine Aid Back In Draft EUCO Conclusions
EU
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
Ahead of the special European Council summit taking place on Thursday 6 March, Jorge Liboreiro at Euronews posts on X: "EUCO latest: The Kaja Kallas plan is back in the draft conclusions, after being removed. “The European Council calls on the Council to advance work swiftly on initiatives, notably that of the High Representative, to coordinate increased EU military support to Ukraine"." Previous reports had suggested that the EUR20B package of emergency aid for Ukraine had been left out of the draft conclusions due to objections from Hungarian PM Viktor Orbán.
- Comes after Rikard Jozwiak at RFE/RL reported on 3 March that "one more line has now been added in the last EU summit draft: - peace must respect Ukraine’s independence, sovereignty and territorial integrity.", adding this morning "at the moment it looks like Hungary might opt out of the Ukraine part of the EU summit (6 March) conclusions".
- It remains to be seen what stance Hungary will take; whether Orbán sides with the rest of the EU or follows the precedent set in late 2023. During that EUCO, Orbán left the room 'for a coffee' at the suggestion of German Chancellor Olaf Scholz, allowing for a unanimous vote within the Council.
- In the wake of US President Donald Trump's pause on military aid to Ukraine, the EU's provision of a EUR20B package is seen as an important signal to Kyiv (and Moscow) of Brussels' intention to maintain its posture vis-a-vis the war.
242 words