EU Bypasses Hungary to Approve €1.4 Billion Military Aid for Ukraine, Sanctions Russia
June 24, 2024EU foreign ministers approved €1.4 billion in military aid for Ukraine from frozen Russian assets, bypassing Hungary's blockade.
An additional 1 billion euros in aid is expected by the end of the year.
Decision to proceed without Hungary's approval was due to their abstention from a previous decision.
New sanctions against Russia were agreed upon, targeting LNG deals and sanctions evasion.
The EU banned Russian government funding to political parties and media outlets to counter Russian interference.
President Zelensky called for more advanced weapons, with the Czech Republic coordinating ammunition delivery from undisclosed third countries.
Russia threatened retaliation against new EU sanctions, including targeting individuals and investments in Russian projects.
The EU aims to quickly utilize the funds for Ukraine's benefit, with the first installment available in July.
Summary based on 8 sources
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Sources
Yahoo News • Jun 24, 2024
EU ministers approve €1.4bn Ukraine military aid using Russia assetsYahoo News • Jun 24, 2024
EU ministers approve €1.4bn Ukraine military aid using Russia assets