This financial assistance package, approved by the EU Council is part of a larger G7 loan initiative.
On Saturday, 12 October, Ukraine‘s Foreign Minister Andrii Sbiha spoke by phone with Josep Borrell, the EU’s High Representative for Security and Foreign Affairs.
This financial strategy addresses Ukraine’s immediate challenges in economic terms, but also signals that Western allies are united in their commitment to Ukraine’s sovereignty and their stance on Russian aggression. The potential obstacle posed by Hungary’s resistance highlights the delicate diplomatic balance needed to implement such ambitious financial measures.
Sybiha noted on X that he “had a fruitful phone call with EU HR/VP Josep Borrell before the upcoming Foreign Affairs Council.”
Read More @ euromaidanpress.com